During a recent government meeting, concerns were raised regarding the financial practices associated with a county-owned facility, particularly in relation to the Southern Softball Association (SSA) and the Renters Athletic Association (RAA). It was revealed that the SSA, led by Mr. Blakemore, had not been incorporated until recently, leading to all collected funds being funneled through a personal account rather than a business account. This practice raises potential violations of IRS regulations.
The discussions highlighted the need for clarity on the total amount of rent collected by RAA for the facility, as well as whether these funds were significant enough to warrant further investigation. The meeting underscored the importance of an audit to determine the financial details and compliance with tax regulations. Questions were posed regarding the existence of a verbal management agreement and whether Mr. Blakemore had accurately reported income from his sole proprietorship on his tax returns.
Officials emphasized that if tax evasion had occurred, it could potentially be rectified through the filing of amended returns. The meeting concluded with a call for transparency and accountability in the management of county resources, stressing the necessity of understanding the financial implications of these operations.