Saturday, April 28, 2012

Finance Services With Excelsior - On The Ropes?

4/28/12

Just two months ago, Shorewood inked a deal with Excelsior to provide Excelsior's finance services. Now, the Insider learns that Excelsior has hired a finance person (not a Director). The Insider wonders why Excelsior would do this after just two months.

One idea is that Excelsior has had second thoughts about having an outsider from a "partner" city privy to its internal financial dealings.

Happy Reading!
The Insider

2 comments:

  1. That deal was 'inked' with Heck at the helm - since he's gone, perhaps they've lost confidence and trust? Perhaps Excelsior had more trust in our staff than our council?

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  2. That was a might short contract. The reason for cancellation would be interesting...on the other hand, it is counter-intuitive for the $ to flow from Excelsior to Shorewood. (Tongue in cheek)

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