Allin Fire: Was 2015 report correct?

By:  Diane Benjamin

Below is the debt report Allin Fire Protection District made to the Illinois Comptroller’s Office.  Note:  The report shows debt at year-end (May 31, 2015) of $167,000.  See the report here:  http://warehouse.illinoiscomptroller.com/ProcessSearchResults.cfm?DisplayMode=GETAFR&AFRDesiredData=Indebtedness&Code=064/010/06&CFY=2015&Menu=Yes&PrintIt=No

Allin 2015zThe report correctly shows a new loan of $45,000 Minutes 12-10-2014

The ambulance purchase reported here:  http://blnnews.com/2015/10/14/allin-fire-truth-report/ is still not being reported.  Payments are annual.  See this statement from 9/30/15:  Loan  showing a balance of $125,309.

The beginning balance of $132,000 is incorrect because of inaccurate reporting in 2014.

The report shows paying $10,000 of the debt, but that’s not the loan from 2014 of $30,000.  The $10,000 is payment on a no interest fire truck loan received (I think) in 2005:  IFA Loan Award Article.  Payment is being made at $10,000 a year.

Fire truck payment

One more problem:  The $30,000 loan from 2014 was paid off in June of 2014, but not reported.  This is from the check register:

payoffz

So far, the beginning balance is wrong.  The amount of debt paid off during the year is wrong.  The ending balance is wrong.

Estimated total debt:

About $100,000 left on the $200,000 Fire truck loan

$125,309 left on the ambulance loan

Additional $45,000 loan in 2015

That’s a total of $270,309  – the report filed shows $167,000 as of 5/31/2015!

The same two guys shown as responsible for the 2014 report are shown for the 2015 report:

Scott Eidenmiller and Michael Owenhttp://warehouse.illinoiscomptroller.com/ProcessSearchResults.cfm?DisplayMode=GETAFR&AFRDesiredData=Contact%20Information&Code=064/010/06&CFY=2015&Menu=Yes&PrintIt=No

I find it difficult to believe that DEBT is the only item not correctly reported.

I also find it difficult to believe that somebody shouldn’t be prosecuted for under reporting debt by around $100,000.

 

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