Friday, February 19, 2016

The hits keep on coming - more financial funnies in Templeton

First off, relax, the Templeton financial team has it under control and everything is fine, we have hundreds of thousands of dollars in free cash coming. That is what the Town Administrator tell us and the selectmen seem to agree

So now lets take a look at the results of the special town meeting held back in November, 2015 and some financial transfers; Article 4

Transfer from General insurance to town accountant expenses

account number for general insurance given as   1000-945-900-57-5743-0000
account number for town accountant expense as 1000-945-900-57-5743-0000

so if you look at the town clerks record for that special town meeting, it shows money from one account was put  back into that same account.

the next item was transfer from town administrator salary to town accountant expenses

account number for town administrator given as            1000-123-100-51-5110-0000
account number for town accountant expenses given as 1000-135-100-54-5420-0000

Looking at the current budget versus actual report from the Town Accountant shows the following;

account number 1000-135-100-54-5420-0000 is listed as town account office supplies supplies.

So the financial team has it under control and all is fine, official town meeting vote has money going from here back into here and on and on. It is one thing to try and reassure people and to try to calm things down but when it all starts to add up to the same old same ole and the selectmen try to manage the Advisory Board and interfere with their duties, something is amiss. In my opinion anyways and I believe there are more surprises to come.

Jeff Bennett