2010 Hammond State Board of Accounts Audit for fiscal year 2010
http://www.in.gov/sboa/WebReports/B39219.pdfHave not had a chance to review the entire report, but lets begin with:
Page 48 $33,429,192 overdrawn accounts as of the end of of 2010.
Page 47 Year end closing as published was $6,246,674 greater than the City's ledger balance
Page 49 $ 46,811,588 of disbursements not Council approved Parks & Recreation Dept are
$2,159,874 in the red, deficit, in da hole. How much of this is Festival of the Lakes? Last audit period, the Festival cost a cool $975,000, which including the Mayor's political boat float.
Now a bit more on the Parks Dept., it certaily is not going to central Hammond parks. Harrison Park has an abundance of freshly planted condums, Triangle Park, well you can easily count the fresh crack bags. Where is this money spent?
The other big ticket item is the ReDevelopment Commission is
$205,111 in the red. Now didn't they buy a building for over $500,000 in DT Hammond because they believed BP was coming to Town? Yea, BP moved into a building with the same name in DT Chicago!
If I remember correctly 70% of their budget went to salaries. I guess it pays to be a yes man to Tommie.
Lost Marsh
$244,270 deficit, in the da hole. Another success. What Tom spin that on the previous admin. Tom, because of crime, a major event left Hammond and went to Crown Point. Hiring of 10 cops this year is eight years too late.
Neighborhood Stabilization Program is running a
$21,557 deficit. I guess some of Tom's contractor pals have made out ok.
Now is
$2,216 in the hole is not bad for the self insurance fund. Either someone has gotten healthier or that photographer has gotten better. It must be that they be staying away from a certain doughnut shop.
I heard rumor that Tommie and da boys want in on the TIF Marina Expansion money $11,414,206. Now that is big bucks, but it is too hot of a fund to take money from.