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The depletion of $7.7 million from the City of Ventura’s Contingency Fund is one of the most under reported examples of “creative” accounting to mislead Ventura’s elected officials and citizens that has come to light. Listen as I lay out the size and scope of the problem on The Lyn Fairly and Fabulous Friends radio show.

Mike Tracy is Mayor of Ventura. We discuss the changes in City Hall following the resignation of City Manager, Rick Cole.