Fred Ilfeld is the man attempting to Incorporate Olympic Valley at the expense of the Placer County Taxpayers. The Controller’s Office and the independent auditor agree – it does not pencil out.
Ilfeld is in to this effort $300k+ that we know of. I do believe that Ilfeld will not stop wasting his money and the time of the Placer County Government – that he has to reimburse the taxpayers for.
The State Controller’s office was dragged in because of a provision in the law where a rich NIMBY like Mr. Ilfeld can spend some pocket change (in this case, $125K) to have the State Controller’s Office review the reviews of the “CFA” – the Comprehensive Financial Analysis. They did – and they decimated Ilfeld.
Take a look at the following: