Friday, March 12, 2010

DeKalb Park board president charged with shoplifting | Daily Chronicle

 

Police said the man had bagged $22 worth of groceries in the middle of the store and attempted to leave without paying.
James M. Volk, 44, of the 1500 block of Pickwick Lane in DeKalb, was charged with retail theft under a local ordinance, according to a police report.
In his position on the park board, Volk uses the name J. Matt Volk

For up to 7 days you may click on the following and read  for free the rest of the story:  Park board president charged with shoplifting | Daily Chronicle

Petition drive nears completion | Daily Chronicle

The people of DeKalb County had 30 days to stop this back-door referendum and it appears that they did it.  Any ideas regarding the November election and referendum results? 

4,201 are needed – the petition would send the county board’s approval of the sale of up to $45 million in bonds to a referendum in the November general election.
The county wants to issue the bonds to pay for expansions to the county courthouse and jail.

Click on the following for more details:  Petition drive nears completion | Daily Chronicle

Accounting under the Freedom of Information Act

On March 8, 2008 I requested information concerning the $1,000,000 which the Treasurer/Collector could not reconcile according to the July 14, 2009 Management Letter from the CPA firm.  if you wish see:  http://boonecountywatchdog.blogspot.com/2010/03/mr-treasurer-whose-1000000-is-it.html

The following is a listing of my questions and Mr. Newport’s responses.

Please provide an accurate written accounting of Collector accounts in Savings as described by the CPA firm, which your office held in January 2009.   (I will refer to these accounts as “Collector Accounts in Saving 1-2009“)

Please include in your reconciliation the following:

1.   The total dollar amount held in “Collector Accounts in Savings 1-2009” on or before January 31, 2009.

2.  If this is appreciably different than the CPA firm’s $1,000,000, please explain.

3.   What amount of “Collector Accounts in Savings 1-2009” was determined not to “belong” to specific taxing entities?

4.  Itemized the amount of “Collectors Accounts in Savings 1-2009” determined to belong to taxing bodies.  Name the five largest government units deserving distributions, the date and amount of distributions made by your office to these units.

5.  Provide a list and amount of any “Collector Accounts in Savings 1-2009” that was reclassified or moved from this account during 2009-2010.  Supply the reason for the reclassification and current disposition of those funds.

6.  If any of “Collector Accounts in Savings 1-2009” are still being held by your office, please provide the amount, account name(s), and their location on the county’s balance sheet.

7. Provide the amount of all Collector Accounts in Savings as of January 2010. (To be called “Collector Accounts in Savings 1-2010“) 

8.   What amount of “Collector Accounts in Savings 1-2010” does not to belong to specific taxing entities?

9.  Itemized the amount of “Collectors Accounts in Savings 1-2010” determined to belong to taxing bodies.  Name the five largest government units deserving distributions, the amount of would be distribution and anticipated date of distribution.

10.  Please feel free to use alternate terminology in your reconciliation, such as the 2007 tax levy paid in 2008 and 2008 tax levy paid in 2009.

All of the hand written numbers are Mr. Newports.

Click on the photocopy to enlarge: 

 

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Embattled DuPage water commission chief resigning

Martin's days were seemingly numbered after the commission was informed late last year that $19 million of the agency's reserve funds accidentally were spent by a former financial administrator under Martin's watch

forensic audit of the commission's financial misfortunes, which reportedly places part of the blame on Martin. The auditor's report was released to the commission last week, but has yet to be made public or its contents even discussed publicly.

According to commissioners, Martin will receive six months severance pay amounting to more than $90,000, pay for any accrued vacation and medical coverage for a year

Daily Herald | Embattled DuPage water commission chief resigning

FDIC seeking bids on half-dozen struggling Chicago-area banks - chicagotribune.com

This logo may be gone very soon. How many back office jobs will be gone?

The most troubled Illinois banks are 16 that were undercapitalized as of Dec. 31. Since then, two have failed and one was acquired. Only five were undercapitalized at the end of 2008.

those that the regulator is trying to line up buyers for include Amcore Bank, Broadway Bank, Lincoln Park Savings Bank, Wheatland Bank, Citizens Bank & Trust Co. of Chicago and New Century Bank.

The FDIC could do "six or seven now, and do another six or seven" later, said a person familiar with the bid process.

 

Click on the following for more details: 

FDIC seeking bids on half-dozen struggling Chicago-area banks - chicagotribune.com

Why Rush Limbaugh would go to Costa Rica if Obama's healthcare plan passes - Yahoo! News

this is a country with one of the longest standing socialized healthcare systems on the planet. Everyone here (including resident foreigner), are required to pay into the government-run health system, whether they use it or not.

Life expectancy in this little Central American country surpasses that of the United States and at one point, back in the early 2000s when the World Health Organization rated countries’ general health, Costa Rica image ranked higher (No. 36) than its northern neighbor (No. 37), despite spending 87 percent less on health care per capita.

Click on the following for more of the reasonsWhy Rush Limbaugh would go to Costa Rica if Obama's healthcare plan passes - Yahoo! News

Red-light camera legislation coming

During a closed-door meeting Thursday at the Capitol, lawmakers and camera-company lobbyists attempted to hash out details on new rules for the notorious ticketing systems, which critics say often unjustly punish motorists with $100 tickets for minor infractions.

Click on the following for more details:  Daily Herald | Red-light camera legislation coming