By Staff
October 16th, 2024
BURLINGTON, ON
We recently asked the city communications people if the loan the city made to Sound of Music last June had been repaid.
Our understanding was that the loan was $250,000 and was going to be repaid as soon as the revenue from the Sound of Music events was in hand.
Entrance to the biggest free musical event in the province – perhaps in the country.
That was mid-June.
The answer we got this morning was odd.
“Please connect with Sound of Music staff.”
The city loans money and doesn’t appear to be able to say if the loan has been repaid.
Getting through to anyone at Sound of Music is a challenge at the best of times.
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Yes, but wouldn’t it have been simpler and more transparent for the City to just say “the loan does not come due until December of this year”?
Lynn’s point is a good one, however. Is there a line item in the budget that quantifies debts/monies owed to the City and the quantum of debts uncollected? It would be particularly interesting to know how many corporate accounts are in default.
Another non-answer from the poorly-named “Communications” staff. I would hope that the budget document, when released, clearly states any outstanding loans, the amounts owing and, if overdue, council members should be asking what is being done to collect.
Keep pushing ….we need to know this stuff!