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 Post subject: Imagine that
PostPosted: Wed Jun 18, 2014 7:40 pm 
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According to the Times, figures released by the city show that in 2013 the FOTL made exactly what it cost. It neither made nor lost a dollar. Pretty remarkable accounting.

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 Post subject: Re: Imagine that
PostPosted: Wed Jun 18, 2014 8:22 pm 
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That skill in accounting is probably why the man who did that fine work was snapped up for a big time job in private industry. It balanced to the dollar! If it balanced why were they so afraid to release the report? My favorite was the part how the mayor contributed $180,000 from "his" discretionary funds. Like it came out of his pocket.


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 Post subject: Re: Imagine that
PostPosted: Wed Jun 18, 2014 9:18 pm 
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Wait a second here... 80,000 visitors with and Parking $77,713 @ $15 a car is 5,180 cars.

Now if parking is $15 a car how do you get an odd number, but beyond that, @ 80,000 visitors divided by 5,180 vehicles means 15 people came into the fest in each car.

What has Tom McDermott Jr got to hide? Well $250,000 in missing parking fees that Tommie and his crew pocket each year.

At least this article in the Times was balanced laying out Lendi having insufficient skill to secure, per the directive of the State Board of Accounts Parking receipts.


The numbers provided by the administration label Mayor's Gaming money, hell McDermott has relied on city council people contributing THEIR GAMING MONEY.

Additionally missing are Tom's famous "private corporate contributions."


Simply, McDermott is a thief.

Quote:
Rob Earnshaw rob.earnshaw@nwi.com, (219) 933-3241



HAMMOND | Mayor Thomas McDermott Jr. and the city released Wednesday a report outlining the financial status of the 2013 Festival of the Lakes.

The city appears to have broken even on the festival, according to the numbers provided by McDermott and the city.

The report summarizes revenues and expenses and is in partial response to a Times editorial and a failed attempt by three members of the City Council to subpoena department heads and the chief of police to a council meeting to discuss the finances, McDermott said.

The statement released Wednesday said the city spent $682,989 on the 2013 festival and brought in that exact amount in revenue.

"This was never about hiding information," McDermott stated in the report. "We've always provided the information that was requested by any council member. I'm simply not going to put up with a certain council member wanting to grandstand for his political aims.

"It's not fair to those department heads to be subpoenaed to the council meeting, and I'm happy the majority of the council saw through this blatant political move."

McDermott was referring to two recent City Council meetings, where Councilman Homero “Chico” Hinojosa, D-6th, asked for a financial report on the last three years of the festival.

Not satisfied with a report presented to him by the city controller, Hinojosa made a motion last week to subpoena Parks and Recreation Administrator Pat Moore, Port Authority Director Milan Kruszynski and City Controller Heather Garay to discuss festival finances in a meeting before the council.

The motion failed 5-3, with Hinojosa, Councilmen Anthony Higgs and Robert Markovich voting yes and Councilwoman Janet Venecz, Council President Michael Opinker and Councilmen Dan Spitale, William Emerson and Jack Uylaki voting no. Councilman Mark Kalwinski was absent.

McDermott said the issue of Festival of the Lakes finances is about how much of the mayor's share of discretionary gaming dollars go toward the event and efforts to make is break even.

Last year, he contributed $182,878 in discretionary funds, he said.

"I think this year that number will go down even further," he said. "We're raising the parking rate, and we've already received more money this year from our sponsors than we have in the past, which will help reduce the amount of mayor's gaming that will need to be used."

The statement did not provide financial particulars.

McDermott said he's comfortable with the amount he has spent.

"If we can continue to bring great entertainment to Hammond as well as all the other great things the Festival of the Lakes provides for residents, kids and families, I think it's money well spent."

According to the report, the city earned more than $262,000 in sponsorships and nearly $86,000 in parking.

The cost for festival entertainment was more than $386,000. Insurance for the festival cost the city almost $50,000 and employee overtime more than $61,000.

The report said the city earned nearly $25,000 from its beer garden main area and more than $18,000 from the beer garden VIP section.

The report said more than 80,000 attend the Festival of the Lakes annually and the city expects to see that number increase. This year's festival is July 16-20.

The State Board of Accounts has called the city to task on Festival of the Lakes record-keeping.

A 2009 State Board of Accounts audit reiterated 2008 findings that beer and parking tickets at the festival were not retained for inspection and while reports were prepared, the numbers did not add up.

Then-City Controller Bob Lendi said a number of new practices were put into place to prevent similar issues.

On another financial front, the report also touts improvements in recent years on the quality of life in Hammond, including miles of new bike trails, bike bridges and a $35 million Regional Development Authority grant allowing Wolf Lake and the surrounding area to be turned from an industrial and seldom used area into green space filled with recreational activities.

"Bike trails don't make money for the city; neither do parades or fireworks displays," McDermott said. "Should we just stop doing things because they don't turn a profit? I think that would be a terrible mistake for our residents. Improving the quality of life for Hammond and bringing people into Hammond to see what we have to offer is an important function of city government."

The report also states the city's four public pools are perennial financial losses, with more than $200,000 being spent per year on chemicals, labor, operation and maintenance.

"We know we lose money on the pools, but they are a great place for kids to be in the summer — in a safe, lifeguarded environment," McDermott said. "If this is just about making money then we just charge our residents over $100 for an annual pool pass. I'm not about to do that. Government isn't always about making money."



Quote:


Festival finances

2013 Festival of the Lakes statement of activities

Cash inflows

Beer Garden Main Area $24,985

Beer Garden VIP Area $18,246

Car Show and 5K $3,460

Carnival $59,079

Clark Field Parking $8,150

Food Booth Rental $ 19,900

Golf Outing $1,200

Mayor's Gaming $182,878

MISC. $12,394

Parking $77,713

Polka Party $1,115

Pop and ice sold to vendors $11,539

Sponsorships $262,250

Total: $682,909

Cash outlays

5K Run and Car Show $3,344

Beer Garden VIP Area $1,256

Children's Stage $1,100

Employee Overtime $61,141

Entertainment $386,188

Fireworks $6,000

Food booth cleanup refunds $2,000

Generator rental $11,800

Golf Outing Luncheon $1,980

Insurance $49,610

Part-time employees $18,648

Pop and ice $29,415

Portable washrooms $13,546

Printing and advertising $15,364

Senior and Special Person's Day $2,452

Sound system and equipment $37,130

Sponsors and entertainers trailers $23,542

Trailers, ticket booths, stage and tents $18,393

Total: $682,909

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XMPT wrote in Dermott Minions now stating No Sweet House? Posted: Sat Mar 12, 2011 9:04 am. Hammonite you might want to say a prayer to your God for freetime. She got back what she dished out.


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 Post subject: Re: Imagine that
PostPosted: Wed Jun 18, 2014 9:40 pm 
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Memo to the Times: Give writers the refresher course in follow up questions. This "report" is still a concealer of some terrible finances. Not revealed are the sponsors and their corresponding amount. This is not the trade secret of a private party. Are gambling tax dollars from councilmen included in sponsorships? McDermott has said he is not exposing the sponsors to protect their privacy! WTF? Sponsors pay money for exposure, not privacy. Not revealing the sponsors is akin to not revealing who your campaign contributors are. The report shows revenue from beer sales but no expense for beer. Did "we" split profits after expenses for beer? Much more disclosure is due.


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 Post subject: Re: Imagine that
PostPosted: Wed Jun 18, 2014 10:19 pm 
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lubu wrote:
Memo to the Times: Give writers the refresher course in follow up questions. This "report" is still a concealer of some terrible finances. Not revealed are the sponsors and their corresponding amount. This is not the trade secret of a private party. Are gambling tax dollars from councilmen included in sponsorships? McDermott has said he is not exposing the sponsors to protect their privacy! WTF? Sponsors pay money for exposure, not privacy. Not revealing the sponsors is akin to not revealing who your campaign contributors are. The report shows revenue from beer sales but no expense for beer. Did "we" split profits after expenses for beer? Much more disclosure is due.



Lu, your dead on target!

Numbers just don't add up. Beer tent sales were shared, and if I remembered the previous city controller made an error which was caught by the SBA regarding beer tent profit sharing numbers not matching up.

So did McDermott and his criminal empire, put sponsorship money in their pocket, it sure doesn't show on what they call a balance sheet.

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XMPT wrote in Dermott Minions now stating No Sweet House? Posted: Sat Mar 12, 2011 9:04 am. Hammonite you might want to say a prayer to your God for freetime. She got back what she dished out.


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 Post subject: Re: Imagine that
PostPosted: Thu Jun 19, 2014 9:57 am 
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Previous years also had carryover amount balances from the previous year. Poof! Those amounts or that practice also vanished. The city lost more than 250k on the fest last year and obliviously McDermott puffs up his chest in pride. How did I get that figure? Gambling tax money, OT and other expenses that would not have been incurred but for the fest. It would be a shame if we saved that money and the beer vendor couldn't make 30 or 40 grand.


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 Post subject: Re: Imagine that
PostPosted: Thu Jun 19, 2014 11:56 am 
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Location: Hammond
If anyone believes this crap, I got a bridge to sell you ! :)


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 Post subject: Re: Imagine that
PostPosted: Fri Jun 20, 2014 6:58 am 
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Isn't it just "special" that Tom McDermott wants to "make nice" with the convention and visitors authority? It was reported that at a CVA meeting yesterday, McDermott apologized for his public attack on the CVA because they voted to move the former Gary airshow to Newton county. Not only publically whine about the matter, he also worked legislatively in Indianapolis on legal measures to stop them. Now he wants more money from the CVA so he says sorry. Last year the CVA gave 30 grand to the fest. Another governmental tax dollar paid sponsorship. This year, McDermott wants 50 grand. Ain't that just grand?


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 Post subject: Re: Imagine that
PostPosted: Tue Apr 28, 2015 7:34 am 
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Interesting topic in an election year.


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