AN OLD STORY WHICH IS TRUE TODAY
Gennaro A. Marino P.E.
Budget Appeal December 19, 2006
Kutztown Borough Council
You should not approve the 2007 Proposed Budget because it does not truthfully state the financial position of the Borough. For instance the Budget shows in 2006 $495,000 was transferred from the” Electric Fund” and” Transfer to Operations” into Hometown Utilicom and was called revenue. This proves that the Electric Fund and other Borough Operations are directly financing the HU Business Venture. And whenever funds are needed by HU it is transferred from our utilities into HU and then the rates of the utilities are increased to cover the transfers which the Budget shows as revenue. Another $155,000 was moved into HU from other services to the Borough created by the Council to further fund HU. The $155,000 comes from the General Fund and Borough Utilities and is the reason why you had to raise our Real Estate Taxes, Utility rates and Trash Rate.
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1 comment:
Yo moron! I know you are hiding in your home to avoid the subpoena but it is 2009 fool.
What's the deal with 2006, 2007 are you regressing or becoming senile.
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