Agenda - 11-22-1982 - Laserfiche WebLink

Browse Search

Na • 6 t co .- 6 ' , tX) , . :*.:, ,;.-, ,,,,,,,..*,,,,..- la ,„„,*...,;. .}: t„, lip4 7nt2es Offices • 440 first Street,N.W. Washington.D C. 20001 • Telephone 202,393-NACQ November 12, 1982 MEMORANDUM: TO: Chairman of the Boards • NACo Member Counties ' FROM: William J. Murphy t- 1 President/NACo W di-x---' 9' 74Aliji Enclosed is an invoice for a one-time special service fee that we are asking each of you, to process and forward to NACo immediately. Mk purpose in writing to you today is to explain why this and other steps that the Board of Directors has taken are urgent to the organization's future. As representative of NACo member counties, there is no question that we are all in the midst of a life-threatening financial crisis. The interim financial statement for the first eight months of 1982 prepared by Peat, Marwick, Mitchell 6 Co., has verified that NACo has a $2.28 million cash shortfall. The Executive Committee has spent untold hours, days, even weeks since our initial Labor Day weekend revelation of the problem, working to solve it. We probably now know as much as we will ever know about what caused this crisis. And on November1 9, we brought the Board of Directors completely up-to-date on the causes behind the problem, and more importantly, the solutions. Yes, unauthorized staff decisions were made and excessive monies spent on our new headquarters buiiiding. There is no justification, or even adequate explanation of the decisions that were made regarding the completion of the new building. It is unconscionable that the actions of a few have caused so many to suffer. I want to take this opportunity to share with you our thoughts on the urgent solutions to these problems. NACo's Board of pirectors took some unpleasant and difficult steps during its Washington meeting. And they did so with the commitment to this organization that has been oui greatest strength. A record number k board members were on hand to review and examine the associa- tion's fiscal prgblems and reaffirm our priorities for the future.