Letter to Elected Officials 6-23-10

Gennaro A. Marino P.E.
409 West Main Street
Kutztown, Pa 19530
610-683-7977
Kutztown Borough Elected Officials
or Whoever is in charge at the Borough Hall
MX Energy and other local electricity vendors are all soliciting new subscribers since the rate caps came off. Their rates are all around 10 and 12 cents a KWH. I paid 20.5 cents per KWH on my last bill and paid and 31.5 cents per KWH in my vacant rental apartment. You are exploiting the residents of the Borough to pay for your wild spending and funding Hometown Utilicom which loses about one million dollars a year. The so called independent 2009 Borough Audit in the Kutztonion does not show revenue and expenditures for electricity, water, sewer and HU separately, they are lumped together to deliberately hide the fact that HU loses $1million a year and funds are moved freely between Borough Departments which is a Borough Code violation.
The Audit also shows the annual payment for the $13 million debt is $1,294,365 which is $25,000 a week.
Another fact is HU loses about $1 million a year which is $20,000 a week.
Borough Manager Khalife, who is also the Borough Treasurer, and Frank Caruso who heads HU, cost the Borough about $5,000 a week.
The 2008 and the 2009 Audits in the Kutztonions also show
Revenue charges for services 2008 $12.6 million and 2009 $11.6 million down $1 mill
Expenses water sewer, electric, HU ’08 $7.6 million and 2009 $8.5 million up $900 K
Another interesting fact is
Revenue interest and rents 2008 $67,623 & 2009 $1,286,647 up more than $1.2 mill
It is strange that revenue for 2009 is only $420,000 more than 2008.
Many City, State and Federal Agencies realize they have to cut spending but in Kutztown we do not have to cut spending because we have loyal residents who have put their trust in you and you sure let them down.
If you read the Audit you would realize that whoever put it together does not have a clue as to what is in it. Numbers do not lie but they act funny in Kutztown. I do not expect an answer from any of you because you either do not have an answer or you do not have the courage to answer.

Gennaro A. Marino P.E.