Thursday, May 7, 2009

Really Think So... !?!

-------- Your tax dollars at work ---------

In the Blink of an Eye.....

One of our readers has suggested that the missing Shelburne travel expenses of our erstwhile CEO may have been charged to the diminishing "maintenance fund" for the Boys School. Smart!

Don't laugh.... it is possible.... $8,844.04 was reported as travel expenses in SWSDA's latest accounting of expenses they claim should be attributed to the Boys School Maintenance Fund. Our reader says he/she has raised the issue with one of the Board members.... if we get a response I'll let you know.....

IN THE MEANTIME..... and while we are on the subject of the infamous Boys School Funds.....

A couple weeks a go I read in the Team Shelburne Meeting minutes that Team Shelburne thinks there is $791,000 remaining from the proceeds of the sale combined with the Maintenance Fund which the Consent Order directed SWSDA to place in GIC's or a segregated interest bearing account.

Tonight while listening to the town of Shelburne's Council Meeting I heard Shelburne's Mayor refer to the town of Shelburne's share as being $134,000 ... which was to have been the Town's share of the $791,000 Mr. Anderson claimed was remaining at the end of July 2008.

I guess neither Team Shelburne nor the Town have been paying attention. Wanna know a secret...... ?

Mr. Anderson only set aside $716,000 and has not accrued any interest to the monies in question since 2008.

Wonder what he's doing with the interest that was supposed to accrue to the GIC's or the segregated interest bearing account? I sure do......

In fact, that is only part of the reason why I've initiated Contempt proceedings against SWSDA for not doing as directed by the Consent Order. We received approval from the Court to proceed last winter...... Our contempt case against SWSDA related to the Boys School monies will be heard in the Supreme Court here in Shelburne on October 18, 2009.

You should attend if you can.....it should be interesting.....

1 comment:

Anonymous said...

I won't pat myself on the back in regards to the maintenance fund answer until it is verified after the contempt case verdict, but it sure jives with Frank's creative bookkeepers. Rodney's appear to have the same MO when it comes to juggling figures... Let's hope they both fail to con the taxpayers.

The wheels of justice are as slow as cold molassess - not good for an impatient taxpayer who wants all the answers yesterday!