Tuesday, June 16, 2009

So the "BIG" Metro report came out last night and....poof.... not a word in the RRStar today....
I really am surprised, it was classic LarryBoy....
History,History,blah,blah....not to point fingers,BUT...
it's all the fault of OTHERS...other mayors,other Metro boards,other state laws...

One big point was the diversion of Redevelopment Funds(the "original" Metro Centre tax)...
well,getting ACCURATE financial information out of the LarryBoy Silly Hall administration is a challenge(especially frustrating because LarryBoy TALKS transparency/openness)....
but here....
http://www.ci.rockford.il.us/uploadedFiles/government/Finance/FinancialInformation/CAFR/Rockford%202007%20CAFR%20FINAL.pdf
See, in 2007, LarryBoy DIVERTED $4,325,910 from that fund....
So,they can't blame the past or the economic downturn....as of Dec.31,2007, the fund balance was -$4,589,031....

Now,another thing to keep in mind is they plan on $3.3million ADDITIONAL dollars over 3 years to the MC,about $1.1m a year but funding cuts mention only $50,000(SWIFFT) and $300,000 by the Metro Board....WHERE'S the OTHER $600,000 coming from????
Plan on CUTS in public works AND public safety..........


EXCELLENCE!!!!!!!!!

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