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Recall - Vice Mayor Herb Perez!

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My Facts/Your Facts January 16, 2018

"...There is no such word in accounting as excess reserves...".
  • Now he is an accountant/CPA?
  • He talks about facts and that the residents do not know the facts.
  • Here are some facts for you Perez.
  • The term excess reserves is used in the Banking Industry.
  • The Banks have to maintain a percent of funds in Reserves.
  • Amounts over the percentage are called Excess Reserves.
  • You might want to check the real Facts before your spew Your Facts.
My Facts/Your Facts (01/16/18 01:20:15 - 01:20:19)
To view the entire City Council Video from City Web Site: City Council Meeting 01/16/2018 6:30 PM