If anyone looks at the
financial statements concerning Templeton, you will see that Templeton has
long and short term
debt beyond our debt limit. According to the rules, a municipalities debt limit or borrowing power comes from state law or statue that is set by the state legislature. There is assessment value involved which basically is an assessed taxable amount based on a percentage of market value. I read that as a town's borrowing power is directly proportionate to its assessment of local property value. I am sure a visit to the assessors office can make that clearer. My concern is how was Templeton able to do this, that is get so far above our debt limit unless perhaps someone at the
DOR and Templeton accountant were doing some shady cyphering with a little help from a selectmen or two and perhaps town counsel. These are facts being found and brought forward by the "new" Templeton
financial team of Advisory, Fred
Aponte, town accountant, Dan
Keeney, Treasurer and town coordinator Jeff
Ritter. Who and how it was accomplished is probably subject for discussion but the fact remains, Templeton is in above its head financially and you can look at who was at the helm while this happened. While there is much talk on the blog about what to do, how to do it and different things to get us out of debt, I think it is important for all to see just how we got in the mess and why it will take everything we can do to dig out from it. My theory on how and why is for later. I just wanted people to see the information for themselves and then form questions and opinions such as should we publish delinquent taxpayers names. I believe this information just adds to the list of questionable practices that were in place and perhaps is part of the reason for many political plays in Templeton as of late. The big to do about letting carol
skelton go, the big recall push and the things that happened after the
recall, firing of town counsel, firing of Jeff
Ritter, bring back K&P and bring back temporary carol
skelton then the all out blitz to try and keep her. Her parting shot was to claim 1.985 hours worked to take the last dime out of the coordinator salary account. Contrary,
Jeff Ritter came back to work off the money he was given "to resign" yeah right!!!! Take a look at the financial information and go ask the selectmen your questions. Perhaps there are more financial situations at light and water and this is why Julie Farrell had such a hard time getting information when she was a commissioner. The information is there, the indicators that something was wrong has always been there, it just took a while to crack the door open. As it has turned out, it was a good thing in the long run that they never
answered Pauly's questions about the con com agents pay, the mishandling of Tammy
Collers complaint and a resume of the former con com agent. Those are the things that got me to run for selectmen. I can not take credit and will not for the events that have happened since I was elected, but i do feel I have made a difference in some small way. I was "there" to see people
stand-up and demand answers and to be heard. I think some people should
re-watch a
dvd of a selectmen meeting when Virginia Wilder told a police officer that she wanted that whole section of taxpayers tossed out of a
selectmen meeting. Then perhaps take a moment or two to think about making a difference and run for selectmen. Will Spring has shown you can make a difference, just raise your hand and volunteer. my opinion from Afghanistan, Jeff Bennett
Statement of indebtedness
Trial Balance
Debt