Meeting Library 6:30 Monday;Time TO TELL THEM JUST WHAT YOU THINK
Well little Marcia White, SPAC president and executive director of SPAC thinks she can cut the New York City ballet to one week and the lemmings of Saratoga Springs will just sit back and take it. Well not so fast White.
I have been writing about you for a long time while my arty friends who are of a very civilized nature just sat back while you drove the arts organization into the ground.
Well White my friends have been awakened and they don't seem very civilized right now. Now many in the coming days and weeks will say this isn’t about you but we both know differently don’t we?
It’s all about you Marcia. You and your $300,000 a year salary. Your SPAC provided BMW. The SPAC owned love nest in Manhattan. I know about it Marcia and soon everyone else will know about it.
You had a nice little scam going for a long time but just like Saratoga Housing Authority Executive Director Ed Spychalski you’re going to be under a microscope and your old pal the man who put you in your throne won’t be there to help you.
Remember the last audit of SPAC in Chesbrough's last year on the throne Marcia? Remember its finding? I do, let me refresh your memory.
Key findings by the audit include:
Fundamental weaknesses in financial planning, including inadequate fundraising and the lack of a strategic plan; Without a sustaining endowment, SPAC is overly reliant on day-to-day ticket sales;
Flawed decision making on the ballet question was not based on complete information; The reported $900,000 deficit attached to the ballet company was not supported by SPAC financial data;
Chesbrough's annual salary and benefits valued at $315,000 was found excessive and 45 percent higher than pay for the heads of similar venues; The pay packaged approved by the SPAC board may violate state law for not-for-profit organizations;
Chesbrough's pay was not reduced when a major function of booking entertainment acts was shifted in 2000 to Clear Channel Entertainment;
They could have written that about you and the next audit will be all about you White.I wonder what Andrew Cuomo will think about all this? I bet we find out. Till next time enjoy you kingdom and remember, that all wealth is fleeting
A new blog just popper up