As Curley would observe, “Nyuk, Nyuk, Nyuk Pro Tunc. Woob, Woob, Woob!!”

Yesterday’s Nunc Pro Tunc request by the administration that was related to the $13/month utility surcharge and the September 9, 2014 City Council minutes failed.

As a refresher for everyone keeping track of the doings in the Bay, the utility surcharge that was subject of the Nunc Pro Tunc request by the Administration was supposed to be used exclusively for debt service of the refunding Utility bonds the City was forced to issue in order to avert a default on Utility Fund debt payment that was due around the first of July of 2014.  The refunding bonds were issued and the surcharge dedicated to the debt payment was eventually approved by the City Council but the administration instead co-mingled the surcharge into the Enterprise Fund and misspent the surcharge on the City’s general Utility Fund operations.  With that set up, I figured now would be a good time to highlight some of Slabbed’s contemporaneous coverage of the Bay’s financial meltdown circa 2014: