Showing articles 1 - 1 of 1 tagged as "parking fund"

Foundation defaults on city loan – where’d the money go?

City Council members are asking where more than $400,000 loaned to a nonprofit organization went after the organization defaulted on the loan. Now that organization faces an audit and accusations that they used some of the money in ways that violated the loan agreement. “We’re scraping together pennies to keep public safety and the most vital city services afloat,” City Councilwoman Angelique Ashby said Tuesday. “To lose money on something like this absolutely requires that we look into it more.” The Sacramento Regional Sports Education Foundation borrowed the money to put on an outdoor track and field event that, according to preliminary budget documents, was expected to generate appro

continue reading
<< first 1 last >> < prev page next page >

Please Log in or Sign up

Existing Members

Sign In Progress bar Forgot Password?

New Users Create an Account Here
Progress bar
Verification email has been sent. To validate your account open the link provided in the message.
There was a problem sending your verification email. Please contact support@sacramentopress.com
Progress bar Login background Tag cloud top Tag cloud background Tag cloud bottom Login manager background