Monday, April 17, 2006

The Sun News | 04/16/2006 | Nonprofits learn caution from Lymo

The Sun News | 04/16/2006 | Nonprofits learn caution from Lymo: "Nonprofits learn caution from Lymo
Boards keep closer watch after scandal
By David Wren
The Sun News

The financial scandal at the Waccamaw Regional Transportation Authority has caused some area nonprofit groups and government agencies to pay closer attention to their spending policies.

Some directors, however, say they struggle to strike a balance between holding staff members accountable and micromanaging them.

'Boards of directors are paying big-time attention now to how the money is being spent,' said Howard Barnard, an Horry County councilman who serves on the board of directors of several area groups including the transportation authority, also known as Lymo."

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