Read this first – the response to their external auditors that their Section 106 system is not working:
“An EDDC spokesman said: “We know exactly how much section 106 money is owed. “However, we only hold that information by development and do not hold a total of all monies outstanding across all developments. “This is currently being addressed.”
(The rest of the press release is just as bizarre)
IT DOESN’T MAKE SENSE!!!!!
Let’s say, for argument’s sake, EDDC has 100 developments which owe Section 106 money. What they are saying is: “We know what each of the 100 developments owes but we can’t add them all up and get a total!”
Or is Owl missing something here?