The Norman Transcript

Local news

June 20, 2013

The NCVB recieves a clean audit and orders for a clearer budget

NORMAN — In sharp contrast to recent criticism by city leaders, auditors gave the Norman Convention and Visitors Bureau a clean audit Wednesday.

Certified public accountant Larry Pace said the financial audit was completed May 10 and covers the fiscal year ending June 30, 2012. NCVB received an “unqualified opinion,” which means there were no red flags or problems with the financial reporting.

Shortly after the audit presentation, the NCVB Board of Directors instructed leadership to comply with a request from the city council for a detailed FY 2014 budget.

“We are a very transparent organization,” Board Chair Kris Glenn said.

Glenn said every investment NCVB has made will help move tourism forward in Norman.

The new fiscal year starts July 1 and some NCVB board members expressed surprise that the line item budget the board approved earlier this year had not been given to the city council.

Instead, NCVB Executive Director Stephen Koranda gave the council a truncated, one-page budget and a 47-page marketing report. Koranda said because the business is so competitive, it was decided a long time ago not to give a detailed budget report to the city council.

“You’ve got to remember this is not private money, this is taxpayer money,” said Council member Linda Lockett, who sits on the NCVB board as an ex officio member. “If you don’t want the money, you can do whatever you want — that’s the trade-off.”

While NCVB reports to the council and has opened its meetings to the press in the name of transparency, Koranda maintains that the tourism agency is a private entity. NCVB is classified as a 501 C(6) agency. Under the Internal Revenue Code, that designation “provides for exemption of business leagues, chambers of commerce, real estate boards, boards of trade and professional football leagues, which are not organized for profit and no part of the net earnings of which inures to the benefit of any private shareholder or individual.”

Text Only | Photo Reprints
Local news
  • N7 Sooners come together to serve Native American youth

    Whitney Wofford has faced some tough competition as a part of the Oklahoma tennis team. However, on Wednesday, Wofford may have taken on her biggest and most rewarding competition yet at the Sooners For N7 event at the Oklahoma football ...

    April 10, 2014 3 Photos

  • Oklahoma officials account for $9.4M in disaster spending

    OKLAHOMA CITY — Nearly a year after deadly tornadoes hit central Oklahoma, officials announced that they have spent close to $9.4 million in private donations on relief efforts....

    April 24, 2014

  • Earth Day activities continue this week

    Oklahoma is no stranger to extreme weather, but many say those extremes are even greater than before. Norman resident and biologist Kathy Rand is convinced those climate irregularities are a result of climate change caused by pollution, ...

    April 24, 2014

  • Man arraigned after wife’s death

    A judge on Wednesday denied bond for a 37-year-old Norman man formally charged with stabbing his wife to death with a kitchen knife early Saturday morning in their southeast Norman apartment. Abid Sandhu, 37, was arraigned before Special ...

    April 24, 2014

  • Moore schools receive $500K

    As Mickey Davis addressed the auditorium, the picture of a bright-eyed, happy 8-year-old on the podium in front of her could not be ignored. Davis’ son, Kyle Davis, was one of seven who lost their lives in the May 2013 tornadoes at Plaza ...

    April 24, 2014

  • School to present ‘Hamlet’

    To be or not to be? That is the question Norman North High School students are answering during their production of William Shakespeare’s “Hamlet” this week....

    April 24, 2014

  • Historic house celebrates centennial

    When Fredrick Holmberg arrived in Norman more than 100 years ago, he tucked his violin beneath his arm and headed for the University of Oklahoma campus.  A century later, another violinist, Cindy Zhang, will perform at the home Holmberg ...

    April 24, 2014

  • Dorman wants bipartisan appeal

    Rep. Joe Dorman said he’s proud to be a Democrat running for governor, but he hopes to garner bipartisan support. In a visit Wednesday to the Transcript, Dorman said, if elected, he wants to work across party lines like former Gove. Henry ...

    April 24, 2014

  • ‘Frozen’ to air Friday

    Movies on Main in Blanchard will host a showing of “Frozen” at 8 p.m. Friday. The evening will include hot dogs, chips, drinks, popcorn and free movie merchandise....

    April 24, 2014

  • Safety Town registration begins Saturday

    Saturday marks the beginning of registration for Safety Town classes at Sooner Mall. Safety Town, a 37-year Norman tradition, teaches children, ages 5 and 6, the importance of bicycle, fire and personal safety. Classes are 50 minutes long ...

    April 24, 2014