Hometown Utilicom Report of December 3. 2008
At the February 26, 2008 Council Meeting Mayor Sandy Green agreed to sign legislation approving a loan of $1.3 million with the concession from the Council that they would not spend $1 million of it without a Business or Marketing Plan. There were many other questions and facts raised about HU such as the funds borrowed, future marketing, equipment condition and many others as shown on P. 17426 of the meeting minutes that were also noted to be explained.
After almost 10 months the Borough Council called a Special Council Meeting to explain the Business Plan and the Marketing Plan to the public. CCG Consulting was paid $20,000 for their report which did not produce any statistics, profit or loss statements, funds transferred into HU that were called loans, transfers, subsidies, rentals etc. The only loan repayment (debt service) mentioned at the meeting was $170,000 a year to repay the bond issued that was originally borrowed by HU. The report does not mention almost $14 million which was given to HU in one way or another by the Borough that was never made public. The public asked many pertinent questions about HU and none of them were answered by Mr. Dawson. Mr. Dawson also stated “the Borough owned-and-operated television and internet services nearly broke even this year and is expected to break even next year, covering expenses and covering debt”. I challenge Mr. Dawson to produce an amount and Borough records to confirm this.
The Borough has never made public any financial report on HU since its inception and CCG Consulting reproduced the limited information that was given to them by the Borough. The Borough also groups HU finances with Borough Finances and the Electric Fund to further mask the finances of HU, yet Mr. Dawson states” there is a true separation between the borough and Utilicom”.
The Borough Council voted to continue to foolishly spend another $1 million on HU based on a presentation made by Mr. Dawson which did not produce any statistics, projections or financial records.
Mayor Green what happened to the agreement you made with the Borough Council regarding the Business and Marketing Plan which you based your signing for the loan approval? Mr. Dawson did not produce anything new. Rumor, before the meeting, had it that the Council was going to vote to continue HU no matter what the report stated.
In my humble opinion, without financial records and statistics, the report read like a $20,000 novel for 3rd graders. G.M. Professional Engineer
Sunday, December 14, 2008
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2 comments:
Nancy, nancy, nancy: How you can continually fuck up the facts amazes me. If the borough is not supplying you with the requested information you say you want, how then can you constantly manage to arrive at such screwed up opinions? And you want to be my civil engineer. JS
Marino, Everyone knew the report would not satisfy you or your cult followers. The report was a lose-lose for HU. Bad report, then you would be crying "see, told you so". Good report, well, here you are. The report did exactly as it was intended to do. You lose fool. get over it. You should have brought your ass out and attended the meeting since you are the obvious expert that needed questions answered. This is typical, you did not want to hear the truth so you avoided being embarrassed and shut down, especially on television where the HU community was waiting for you to prove what you say.
For the rest of you five idiots, over 1000 customers don't agree with the five of you protesting. It is amazing how a handful of misfits can be awarded so much attention while the majority is content and their voice lost. They speak loud and clear as they continue to take the HU service. Mr Dawson clearly pointed out the savings Kutztown customers and non-customers have recognized. The five HU downers in attendance were beyond embarrassment. This Paul David character was just that, a “character”. In no way would I do business with someone that cannot speak in a coherent manner.
Jan Crooker was impressive, she set the record straight for those five downers. Milt Kern could not have been more embarrassed. He should have done his homework before taking on an industry expert.
As far as the moron complaining about the Internet Service (Mr David), talk to the Councilman and Mayor that caused this year's delay to purchase bandwidth. All they did was give Service Electric the advantage to move forward while keeping HU at bay so the competitor could continue to attempt to improve its service. This delay hurt the HU system and its customers. Why no-one questions these two about their inappropriate and subversive behavior is a mystery.
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