Finding F1
The Banning Electric Utility (BEU) went from a $31 million surplus in 2018, to a $9 million deficit in 2022.
Jury report: Banning: A City Alarmingly Mismanaged · PDF page 14
Permanent linkOfficial responses
Banning Mayor Richard Royce
Partly disagrees; distinguishes fund balance, cash, adjustments and reconciliations.
Read official response · PDF page 22Pages 22–23 discuss the reported years and types of financial measures. These distinctions identify the disputed comparison but are not an independent financial audit.
This review evaluates the response document. Implementation claims have not been independently verified.
Banning Mayor Pro Tem Cindy Barrington
Partly disagrees; distinguishes fund balance, cash, adjustments and reconciliations.
Read official response · PDF page 22Pages 22–23 discuss the reported years and types of financial measures. These distinctions identify the disputed comparison but are not an independent financial audit.
This review evaluates the response document. Implementation claims have not been independently verified.
Banning Council Member Colleen Wallace
Partly disagrees; distinguishes fund balance, cash, adjustments and reconciliations.
Read official response · PDF page 22Pages 22–23 discuss the reported years and types of financial measures. These distinctions identify the disputed comparison but are not an independent financial audit.
This review evaluates the response document. Implementation claims have not been independently verified.
Banning Council Member Leroy Miller
Partly disagrees; distinguishes fund balance, cash, adjustments and reconciliations.
Read official response · PDF page 22Pages 22–23 discuss the reported years and types of financial measures. These distinctions identify the disputed comparison but are not an independent financial audit.
This review evaluates the response document. Implementation claims have not been independently verified.
Banning City Manager Elizabeth M. Gibbs
Partly disagrees; distinguishes fund balance, cash, adjustments and reconciliations.
Read official response · PDF page 22Pages 22–23 discuss the reported years and types of financial measures. These distinctions identify the disputed comparison but are not an independent financial audit.
This review evaluates the response document. Implementation claims have not been independently verified.