Wednesday, September 23, 2015

DWP Continues To Suck: Keeps "Rainy Day" Fund

The groups receive roughly $4 million per year, but have struggled to demonstrate to public officials what they achieve.“I believe rainy day funds are important, but this is more like a hurricane fund,” said City Controller Ron Galperin. “I don’t see what the point is of these trusts hoarding this money.”

 Controversial DWP nonprofits to keep $11-million 'rainy day' fund