Treasurer’s Message

Treasurer’s Message

Every May, those of us in the law enforcement community and those who support us join together to remember and honor our fallen officers.  At ceremonies in our local communities, at the State Capitol in Sacramento and at the National Peace Officers Memorial Day in Washington, D.C., we take a moment of silence and then add the names of our fallen brothers and sisters to memorials, vowing to always remember their sacrifices. Read More »

Treasurer’s Message

The shooting of Stephon Clark has now been reviewed by two independent agencies, the Sacramento County District Attorney’s Office and the California Department of Justice. Both agencies spent nearly a year combing through all the evidence, including video recordings, photographs, witness interviews, forensic evidence, coroner’s reports and countless other evidence. Read More »

Treasurer’s Message

Law enforcement officers are often criticized for their interactions with three groups of people that continue to fill our streets and communities: the homeless, the mentally ill and those who are drug and/or alcohol dependent. There certainly are grounds to argue that many of these people are where they are because of the choices they have made, but we, as law enforcement officers, cannot ignore the fact that these groups draw away resources that traditionally have been used elsewhere. Read More »

Treasurer’s Message

When I was elected president of the Sacramento Police Officers Association, I had a singular focus on negotiating our association’s next MOU. While I was aware that there were many other responsibilities of an association president, I had not given them much thought. During my first month as president, many of these other responsibilities reared their heads. Read More »

Treasurer’s Message

I want to start by thanking the PORAC membership for electing me as treasurer of PORAC. I am honored to be selected to serve you and the interests of law enforcement in California. I pledge to put my time, efforts and knowledge toward advancing the safety of all Californians, especially those who have stepped forward, put on a badge and serve their communities as law enforcement officers. Read More »

Treasurer’s Message

Prior to completing this Conference financial report, I spoke with Mark Sikorski of UBS Financial Services, and he told me that our investments were down 0.24%, and that is with 25% of our monies in fixed income/bonds. The S&P for the same period is not doing much better, which is a difference from last year when our investments were up 19%. Obviously, we would be doing much better if all of our monies were in stocks; however, there needs to be some security built into our investments. Since Mark and I began managing these accounts, our reserves have increased from $2.05 million to just shy of $6 million. Read More »

Treasurer’s Message

As mentioned in a past article, PORAC fared well during an audit of our prior year’s financials. However, in a management letter, the auditor noted a few areas of concern, including segregation of duties and oversight of chapter funds. PORAC controller Kim Busman refers to the management letter as a report card of her ability to properly manage PORAC’s finances. The size of our organization makes it cost prohibitive for us to segregate duties because we would need a much larger accounting department. Read More »

Treasurer’s Message

PORAC’s Budget Committee and financial team — Executive Committee Directors Barry Donelan, Randy Beintema, Anthony Sanders and Gary Moore, President Brian Marvel, Vice President Brent Meyer, Finance and Administrative Manager Kim Busman and I — have been busy through this budget cycle. The committee continued to focus on areas of the budget where we felt the organization could be more efficient. Read More »

Treasurer’s Message

Last year’s audit is now completed and PORAC fared well. We had the usual challenges, which the auditors delineated to the Board of Directors. The concerns were discussed and the Board understands the reason for these challenges. In addition, I was provided with direction to resolve those issues within our sphere of influence. Read More »

Treasurer’s Message

Last year’s audit is in the wrap-up stages. It appears your PORAC financial team was able to gauge our income and expenses fairly well. When you deduct our unrealized gains and losses on our investments, we ended up with a surplus. By the time you read this article, the Budget Committee will be well on the way toward presenting the proposed 2019 budget to the Board of Directors. Read More »