The City of Warner Robins, Georgia, has an IRS lien of almost $800,000. The lien stems from the city having tax filing problems that go as far back to the year of 2015. Specifically, the issue is with the city not filing complete or correct information at least five times and falling short to file the quarterly Form 941 twice. Other issues that the city has consist of having had (4) four Chief Financial Officers (CFO) within (4) four years as well as the effect that the lien will have on the citys bond rating.

Discussion Board Questions

While these issues are occurring, a mayoral runoff election is set to occur on November 30, 2021, to determine who will be the next mayor of Warner Robins, Georgia. Considering the facts stated above, what steps do you think the next mayor of Warner Robins, Georgia, should do concerning the recording, maintenance, and accuracy of the citys financial documents and statements to be and stay in good standing? How do you think the next mayor of Warner Robins should address the issue concerning the low retention rate the city has with keeping a CFO? What are some possible recommendations that the next mayor may consider to tackle the issue of the IRS lien affecting the City of Warner Robins bond rating and the possibility of not attracting investors for upcoming city projects?