Friday, December 28, 2007

A LOOK BACK ON 2007...PART 3

Freedom of Speech went "diggin" to see why the city is in the mess we're in.

Sewers seems to be one of taxpayers number 1# concerns, after spending about $ 65,000,000 + on our city sewers from 1992 to 2006.

We have been researching and following the paper trail and money trail on the former Mayor Douglas England's Adminstration from 1992-1999.

We believe in supplying the taxpayers with the FACTS in DOLLARS.


The bottom line is: The numbers don't lie!

Wastewater Utility City of New Albany
Mayor Doug England
1992-1999 Summary

Operating Revenues - Wastewater Utility

1992-$4,511,759
1993-$6,295,234
1994-$7,352,446
1995-$7,646,631
1996-$7,941.530
1997-$7,963,219
1998-$9,093,641
1999-$9,560,507


Operating Expenses - Wastewater Utility

1992-$4,333,144
1993-$4,549,855
1994-$4,627,359
1995-$5,067,081
1996-$6,389,017
1997-$7,773,198
1998-$10,048,625
1999-$9,560,507

Operating Income-(loss) Wastewater Utility
1992 -$176,615
1993 -$178,615
1994 -$2,725,067
1995 -$2,579,559
1996 -$1,552,513
1997 -$190,021
1998 -$954,984
1999 -$6,915,437


Net Income-(Loss) Wastewater Utility
1992 -$46,695
1993 -$1,517,376
1994 -$2,569,533
1995 -$438,281
1996 -$699,447
1997 -$889,658
1998 -$1,878,233
1999 -$8,132,429

Number of Customers - Wastewater Utility
1992-14,714
1993-14,755
1994-14,798
1995-15,001
1996-15,169
1997-15,419
1998-15,040
1999-15,199


Is this called "cooking the books"?

Long-Term Debt - Wastewater Utility

1993 Sewage Improvement Revenue Bonds
Interest Rate-5.2% to 5.375%
Bond Amount-$11,973,882

1997 Sewage Refunding Revenue Bonds
Interest Rate-4.5% to 5.3%
Bond Amount-$5,144,992

1998 Sewage Repair and Maintenance Revenue
Interest Rates-4.125% to 4.625%
Bond Amount-$3,675,000

1999 Sewage Repair and Maintenance Revenue Bonds
Interest Rates-4.3% to 5.15%
Bond Amount-$6,400,000

Total Sewer Bonds under Former Mayor Douglas England:
1993-$11,973,882
1997-$5,144,992
1998-$3,675,000
1999-$6,400,000


Total-Sewer Bonds $27,193,874


Action to Enforce the Federal Consent Decree

On June 3, 1997, the United States filed a motion with the U.S. District Court to enforce the Consent Decree and to collect stipulated civil penalities and civil contempt sanctions for alleged violations of the Consent Decree. The United States alleges that it is entitled to collect $16,543,500 in stipulated civil penalties in addition to the issuance of an order requiring remedial actions by the City which would require millions more in expenditures.

A complete formal response to the United State's motion was filed on behalf of the City on July 20, 1998. The City is engaged in extensive settlement negotiations with the U.S. Attorney and the Environmental Protection Agency (EPA) and has complied with many of the settlement demands made by the EPA. It is not possible to predict with any reasonable degree of accuracy the probable outcome and amount of "LOSS" which may result; however, the EPA has indicated that they will seek stipulated penalities or fines in some amount not to exceed $210,000. The City continues to aggressively seek a result most favorable to it's position.


Freedom of Speech would like to ask former Mayor England this:

At the end of your first year in office 1992 you had a Net Income Loss in the Wastewater Utility of -$46, 695 , then in 1993 you borrowed $11,973,882 with an additional Wastewater Utility Net Income Loss of -$1,517,376.

Then in 1999 you had a loss of the Wastewater Utility Operating Income Fund of -$6,915,427 and a loss of the Wastewater Utility Net Income of -$8,132,429 and borrowed $6,400,000 ~ these figures are according to the State Board Accounts Audit of 1999.

What the taxpayer's would like to know is why you did not fix our sewer problems then and why could you not find a solution to the Wastewater Utility Net Income Loss.

Based on the State Board of Accounts Audits of 1992-1999 you showed a loss the entire 8 years as Mayor and continued to borrow monies.

You Sir, Mayor England did not try to fix our sewers nor find a solution to our problems!

Kay Garry was the Controller during both of England's two terms 1992-1999. And Mrs. Garry also sat on the Sewer Board from 1992-1999, and is currently the Controller for the Garner Administration.

You have to ask yourself : Should the Controller not be aware of such a serious problem, and not be on top of the spending?


Or is the Controller covering up the misspending of taxpayer's money?

Freedom of Speech would like to also ask:

Where is the money?
Has the Debt been paid?
How much do we owe?
Will our sewer's ever be fixed?

Again we ask, is this called "cooking the books"?

You would think after spending over $65,000,000+ why didn't our sewers work in 2006?

We still can't flush our toilets!


Source:
The information in this article can be purchased through the State Board Of Accounts, 302 West Washington Street, 4th Floor, Room E148, Indianapolis, Indiana 46204-2738. Audit results for the years:
1992
1993
1994
1995
1996
1997
1998
1999