by Cliff Dobler Originally submitted to the IVGID Board of Trustees on June 26, 2017 Re: Utility Fund – Accumulated resources for the Effluent Pipeline and misrepresentation of the Utility Fund Restricted Net Position. It is with true dismay that the Staff of IVGID  has been reporting  in the audited financial statements and other memorandums that the accumulated money collected through increases in Sewer rates specifically for the Effluent Pipeline are UNRESTRICTED funds . This money is RESTRICTED. History of committing and restricting funds The Effluent Pipeline  is a phased project which started several years ago.  Phase1 completed in 2012 … Continue reading →