Magic Money
Windego Park Society was questioned, "What happens to donations if the project does not go ahead?"
Mayor Skogquist's brother answered (with a straight face), "The donations are sitting there in escrow until we as an organization prove we can spend it or it goes back to them (the donors)."
WPS income for 2007 was $23,935 with expenses of $22,044. Net income of $1,891.
By definition escrow is "to keep intact in the control of a 3rd party."
So, this fantasy Windego money can both be spent and kept safely in escrow. It is consumed, yet somehow still exists. And who exactly holds the escrow?
The mayor's brother was then asked how much money is on hand.
WPS is a fund raising organization and yet Erik Skogquist stated, "they haven't focused much on the funds this year"; but he thought it was five percent of goal of $675,000. ($33,750).
Staff stated money on hand was $7,000; up from $5,000 in 2006.
Maybe they have Magic Windego Bucks. $7,000 seems like $33,750.
And maybe there is a Bizarro Windego World, where blarney is as easy as breathing.
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