Showing posts with label Missing Money. Show all posts
Showing posts with label Missing Money. Show all posts

Thursday, October 3, 2013

Money Disappears Out of Gloucester Government Coffers?




Watch this public comment section from the recent Gloucester County Board of Supervisor's meeting.  The first speaker talking in the public comment time, says that about 13 thousand dollars has just disappeared from one of the county's accounts.  Where did 13 thousand dollars go?  If you listen to the speaker, the county could not touch any of the money in that account unless used for a very specific purpose and no purpose could be found for that money to be missing.

  Anyone have a problem with this?  Did someone need to by a used car or put a down payment on a summer house and just five finger borrow some money figuring no one would miss it?   But hey, that could never happen.  These people are the most up and up bunch ever seen.  (Stop laughing).  Actually go ahead and laugh.  It was meant as a joke.

  Also note, the same speaker mentions that he has been told that the county is not bound by it's own municipal codes.  That is true if the municipal code is in violation of state code.  If that is the case, then no one is bound by that code.  If the municiple code, aka, county ordinance, matches state code, then they are in fact bound by it.  Now there are a few minor exceptions where they are exempt from lawsuits regarding certain areas, such as liability of sidewalks in disrepair.  If you trip and get hurt, the county is not liable.  However, if the sidewalk is in front of a business, the business can be held liable even though they do not own the sidewalk.  The business is responsible for maintaining the sidewalk in good repair.

  Here is another example.  Recently we showed how Animal Control Officers are in violation of a local county code and very much so.  The issue is, the county code does not match any state code.  Therefore, no one is bound by that code and the code is a violation of state code.  However, these folks refuse to care.  So what is 13 thousand dollars missing mean anyway?  It's just a lousy 13 thousand dollars, right?  Your tax dollars hard at work to serve you.  When you see these people out on the street, be sure to thank them for all their hard work.
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Saturday, August 10, 2013

Gloucester, VA - Question To Officials, Where Is The Money? Over 14 Million Vanished?



Based on the recent Gloucester Board of Supervisor's meeting this past Tuesday evening, August 6th, 2013, the Board gave to the public the following information that raises a great deal of very serious questions that every single taxpayer in this county should demand be answered right away.  Why?  Because based on what the Gloucester County, Virginia Board of Supervisor's told us, there is a great deal of money not accounted for.  To the tune of multi millions.  Let's go over their own information that they told all of us and made very public.

Based on county population and real estate taxes;

$400,000.00
income per penny of tax rate  (How much one penny of tax dollars are worth)

65 cents
tax rate for real estate,  (Present amount we are taxed)
$26,000,000.00  (What is expected to be collected in one year).

2
number of times taxes collected per year (Taxes are owed every 6 months).
$13,000,000.00
0.8
assume 80 percent collection, (Allowing for a 20% not collected in owed payments).
$10,400,000.00  (What has probably been collected in the month of June).

$12,000,000.00
Page insurance money, (Should be held in account)

$22,400,000.00   (What the local treasury should be showing on hand)

money that should be in account
? Personal property tax June
? other income water etc

$7,500,000.00
money in Gloucester CD Account,  (General Fund of Gloucester, County).

? misc money in bank account
$14,900,000.00  (What should be showing on top of the 7.5 million dollars).

Where is this money?

All of the above is the very simple math that Gloucester County officials gave everyone during the recent public hearing of the Board of Supervisor's meeting.  Nearly 15 million dollars can not be accounted for?  Voodoo accounting?  Who's pockets is the money lining?  Fair question based on their statements.  Watch the video we have posted on here, that is where all of this information comes from.  We don't make this up.

Is the 17 million dollars in new bond money to cover the missing money?  Again, that is a very fair question.  And if the 17 million in new bonds is to cover the missing $14,900,000.00, why 17 million in new bond money instead of 15 million?  Is another 2 million slated to disappear?

Other very serious questions we have to ask based on that meeting, the school maintenance supervisor stated that schools are in disrepair to the tune of 30 plus years?  The county board of supervisors has been denying money to the school board for how long for basic repairs?

Where is the money going?  Where is all the money?  Millions seem to be disappearing into thin air while taxes continue to go up.  Anyone see any issues here?   Nearly 15 million dollars missing, everyone is allowing these people to borrow another 17 million?
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