Weinberger announces first clean audit report for Burlington International Airport in more than 10 years

first_imgBurlington International Airport (BTV),Related Company: Burlington International Airport (BTV)Mayor Miro Weinberger announced Tuesday that the Burlington International Airport received a clean audit report for the first time in more than 10 years. The auditors issued no “findings” – or identifications of errors or deficiencies – and noted that the Airport exceeded its debt coverage score for the third consecutive year.  “Improving the City’s financial management continues to be the top priority of my Administration,” said Mayor Weinberger.  “I am pleased with the clean audit report, demonstrating our steady and important progress at the Airport – formerly a financial vulnerability that gradually we are transforming into an economic asset for our City and the region.” The audit process for a large entity like the Airport includes a Financial Audit, a Management Letter, and a Single Audit.  The Financial Audit focuses on the accuracy of the entity’s financial statements; the Management Letter analyzes any findings; and the Single Audit, which includes the entire City and Airport, examines the use of Federal and State Grants, Passenger Facility Charges, and Bond Compliance.  This year, there were no findings on either the Airport’s financial audit or Single Audit.   “This year’s clean audit is another milestone in strengthening the Airport’s financial position,” said Gene Richards, Director of Aviation at Burlington International Airport. “It demonstrates the great teamwork of Airport and City financial staff.”last_img read more

Open mike: Building control – Who’s watching the watchmen?

first_imgSubscribe now for unlimited access Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.Limited access to building.co.ukBreaking industry news as it happensBreaking, daily and weekly e-newsletters Subscribe to Building today and you will benefit from:Unlimited access to all stories including expert analysis and comment from industry leadersOur league tables, cost models and economics dataOur online archive of over 10,000 articlesBuilding magazine digital editionsBuilding magazine print editionsPrinted/digital supplementsSubscribe now for unlimited access.View our subscription options and join our community To continue enjoying Building.co.uk, sign up for free guest accessExisting subscriber? LOGIN Get your free guest access  SIGN UP TODAYlast_img read more

After Russia’s glorious World Cup run, fans ask – ‘Where was Putin?’

first_imgTom BalmforthMOSCOW (Reuters) – As Russia’s World Cup dream ended with defeat to Croatia, some soccer fans noted the absence from the stadium of President Vladimir Putin, who attended only one match in Russia’s best World Cup run since the Soviet collapse in 1991.Putin was at Russia’s opening game against Saudi Arabia but skipped the following four – despite the national side, the tournament’s lowest-ranking, defying expectations and reaching the quarter-finals.“Where has the president got to?” asked Nezygar, a popular news channel on messaging service Telegram. “Tell Putin our guys would have won if he’d come to the game!” fan Pavel Gondarev wrote on social media to Prime Minister Dmitry Medvedev, who attended the shootout defeat. Online news site Znak.com wrote that Russians on social media are “tying themselves up in knots trying to guess where Vladimir Putin might have got to”.Kremlin spokesman Dmitry Peskov told Reuters on Monday Putin had only ever been scheduled to attend the opening and closing games of the tournament. He was minimising attendance because matches “happen when he is at the height of his working day”.“He doesn’t play soccer himself, but naturally like the overwhelming majority of Russians he is a fan. Of course he isn’t obsessive — he can’t be an obsessive fan because he can’t permit himself this — but he likes interesting football,” Peskov said. While Putin sat out the Russia-Croatia quarter-final, his Croatian counterpart, Kolinda Grabar-Kitarovic, was in the stadium, wearing the red and white of the Croatian flag. French President Emmanuel Macron will fly in for the semi-final between France and Belgium, which Putin has no plans to attend.Competing theories in Moscow swirled as to why Putin appeared to have stayed away. Putin, a black belt in judo, is an avid ice hockey fan and The Bell, a Russian media outlet, cited a high-ranking official as saying the reason for Putin’s absence was a simple lack of interest in soccer.One Moscow-based political analyst speculated the real explanation was the wish not to be associated with a Russian defeat, the prospect of which loomed larger as the side faced higher-calibre opponents in the knockout stages. “Vladimir Putin likes to be associated with victories and triumphs, but doesn’t like to be associated with defeats and losses. He’s always had this trait and it has grown with time,” political analyst Valery Solovey said.Prime Minister Dmitry Medvedev attended Russia’s two elimination matches — its win over Spain, which prompted wild partying in the capital, and the quarter-final loss to Croatia.Peskov said Putin had watched the games remotely. Following the loss, Putin invited the Russian players and coach to discuss the World Cup with him and called them heroes, Peskov said.last_img read more