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The result was a week of turmoil at Town Hall during which mayor Ann Mulvale said a "horrendous" amount of time was consumed by staff, the auditor and Town Manager Harry Henderson â€" time that could have been better spent elsewhere. After Henderson responded in print to clarify Caldwell‘s assertions, Tuesday‘s meeting was held to try and settle the matter once and for all. Caldwell, a former lawyer, said the Town‘s 1993 "misleading" financial statements did not balâ€" ance, numbers were "fudged," debts were hidden and more. Caldwell also disparaged the "honâ€" esty, accuracy and integrity" of staff who he said "resisted" audiâ€" tors Deloitte Touche. On Tuesday, the Administrative Services Committee was deterâ€" mined that letter writer Warren Caldwell‘s beef was actually not with the numbers presented, but rather the Municipal Financial Reporting Handbook. It took more than two hours of debate â€" not to mention days of frenzied activity by staff â€" to reach that conclusion, but in the end the tangle of facts, figures and falsehoods was clarified at last. unicipal officials and the /R town‘s auditor say a Nov. . B 16th letter to the editor of the Oakville Beaver casting doubt on the accounting practices at Town Hall and maligning the integrity of its financial department was based on critical misinterpretations â€" not any wrongdoing on the part of staff or the auditor. Oakville Beaver Staff By HOWARD MOZEL Town takes letter writer to task for accusations *PLUS FRL, PD.1., ALL TAXES LICENCE Oakville 122 sreersm. mazpa $27â€"4242 If the several candidates defeated in last week‘s municiâ€" pal â€" election came to see staff members squirm they left disappointed. During hours of conv olute d explanations on both sides, Director of Finance Michelle Seguin and Ward 5 councillor Sean Weir steadily whittled away at Warren Caldwell For a free, objective analysis of your mutual funds â€" or for help in making the right choice before you buy â€" call Nesbitt Burns today. Wondering if you made the right choice? Do You Own MUtuaAL FuNDS?® Nesbitt Burns â€" working in your best interests. Your Nesbitt Burns Investment Advisor KNOWLEDGE is POWER (416) 359â€"4597 The â€" Municipal â€" Financial Reporting Handbook is a binding guideline which â€" when followed precisely as the Town does â€" results in accurate reporting which is sometimes difficult for laymen to understand. Had he known about the handbook prior to last week, Caldwell‘s allegations. Only partâ€" way through his own presentation, Caldwell was interrupted by Mulvale who cut to the chase to establish that his grievance lay with provincial procedures and not some municipal malfeasance. "I would have behaved comâ€" pletely different, I would have writâ€" ten the letter completely differentâ€" 1y," he said, adding later: "If I had the information in the staff report tonight, I never would have written the letter." said Caldwell, his stance would have been far different. HOURS: TUES., WED. FRL. 10 A.M.â€"5:30 P.M. THURS. 10 A.M.â€"8 P.M., SAT. 9 A.M.â€"4 P.M. * TABLES CHAIRS * JELLY CUPBOARDS * MIRRORS PANTRIES * CHINA CABINETS * ROCKING CHAIRS * SHELVES * WALL UNITS * COFFEE AND END TABLES L mens §# snors NJ Open Thurs. Fri. until 9 p.m. DOWNTOWN OAKVILLE + 183 LAKESHORE ROAD EAST 8$45â€"8911 DOWNTOWN BURLINGTON + 389 BRANT STREET 639â€"6161 Imagine a jacket lighter and softer than wool, yet warmer than mohair; Legends of Alpaca provides all the creature comforts of more expensive fabrics such as cashmere and camel hair. This is the ultimate in uptown luxury, with downtown affordability, and just like the Alpaca, no two are exactly the same. Those on the Committee also SSSSSSSSSS THE UNFINISHED FURNITURE/WOODEN TOYS Speciallzing in solid Oak, Pine, Maple, Birch wish it had never seen the light of % x day. Like a trial lawyer questioning < a witness about crucial evidence, â€" Weir ran Alan Dick of Deloitte t J Touche through the letter. One after another, Caldwell‘s allegations kept é falling until Weir finally asked 7 Dick if there was one statement in 3 the entire letter he should be conâ€" * MINWAX PRODUCTS « FINISHING SUPPLIES * HOMESTEAD HOUSE PAINTS (See ‘Auditor‘ page 7) * DRESSERS ARMOIRES * TVNCR UNITS * BAR STOOLS * MICROWAVE STANDS * TOY CHESTS * HIGH CHAIRS