February 27, 2011
Gennaro A. Marino P.E.
www.marinoreport.com
kmayor@ptd.net
Kutztown Mayor Green
Kutztown Borough Council
Dear Elected Officials,
You are all sitting there watching Solicitor Mooney lie in Court, of course with your approval. Everyone knows you are all guilty of lying and squandering our taxpayer money and do not have the intestinal fortitude to admit how much Telecom loses every year. Solicitor Mooney states and Judge Schmehl agrees if I want to calculate the profit or loss of Telecom all I have to do sum up the expenditures and the revenue.
Doesn’t Telecom have payrolls, costs of equipment, expenses, advertising, billing, revenue, taxes, bookkeeping and other costs like any other business? Solicitor Mooney’s biggest lie was municipalities do not keep records like private firms do. If Wall Street sent out financial reports like the Borough gave me they would be arrested.
I repeat Telecom loses $1 million a year. The Budget is falsified. The financial reports are fraudulent. Foremen’s reports are altered.
The proof that you are stealing money from the Borough Utilities and illegally putting it into Telecom is that you are entertaining proposals from Financial Institutions to borrow $8.5 million dollars that will bring the Borough’s total debt to $21.5 million. The payments on this debt will be about 1.6 and 1.8 million dollars a year which is more than the Police Department Budget.
How can a Borough with a population of 5,000 that includes 1,300 students owe $21.5 million? This debt is insurmountable.
The Court Decision proves that the Borough does not have a clue as to how to keep financial records
Gennaro A. Marino P.E..
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4 comments:
Marono: Show us proof of your allegations. Just yelling it all the time does not make it true.
He doesn't have any proof. He just wants to cause trouble.
The Office of Open Records' "FINAL DETERMINATION" and the silence of the Borough of Kutztown are proof enough. Thanks for asking.
Gennaro A. "Jerry" Marino
The borough`s silence does not make them guilty. Publish your printed borough information on this blog ... until then, no one believes you. You are a small man with a pocketknife to grind.
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