Friday, December 5, 2008

missing cash

The $2 per swimmer per day practice fee collected was from MDAC? MSSH? MS middle? Columbus? Reagan? All of the above? some of the above? the daily logs that were reviewed didnt show much cash taken in on a daily basis, for those six weeks. The receipt DID specify what was taken in in cash, and what was by check. The checks had a # too, which shouldnt make them too hard to trace. 50-80 swimmers a day, 2 bucks each, times 6 days = $600-$960 a week. Split the difference- call it $780 a week, times how many weeks? were any receipts given? Who was this money given to? Did the swim teams pay this amount or was it the individuals themselves (the parents)? $780 x 52 weeks = $39,560. Could be more. Significantly more. 960 x 52 weeks = $49,920. Hmmm. This just gets more curious by the minute. This doesnt even begin to address meets either. At the low end that would be 30k in cash receipts that are unaccounted for. At the top would be 50k, and in the middle would be 40k, or so. Sometimes the daily logs showed 100 kids.This needs to be analyzed carefully by qualified people. Dotson is his name; straight-shooting is his game!

No comments: