By: Libi Uremovic , September 29, 2013 | Original Article at Patch.com
The City of Beaumont claims that it’s ‘too expensive’ to have any independent or outside Auditors look at the City books. The following is a breakdown of the City of Beaumont Check Warrant located on the October 1st, 2013. The City lists total expenditures at $3,780,915.28 broken down into the following categories:
Big Payouts: Beaumont Unified School District – $228,181.00 for RDA Claims
Riverside County – $89,235.00 for RDA Claims
Coventry Health & Life Insurance – $126,028.32
Riverside County – $419,750.02 – Unknown Expense
Urban Logic – $173.041.75
Legal Services totaled $201,891.74 in the last month. The City used 12 different legal services in the past month with bills ranging from $230 to $130,000.
Construction costs totaled $177,000 using a dozen different vendors with charges ranging from $200 to $67,000.
The City spent $28,000 on landscaping using 14 different vendors with prices ranging from $150 to $5,500. The Beaumont Cherry Valley water bill was $101,600.
Voyager fuel bill was $34,086.25 and the Poma Auto fueling bill was $14,135.00. Diners’ Club bill was $5,719.55, Stater Bros was paid $713.81 for ‘food’, $530 at Beaumont Unique Flowers to send flowers, and $378 for business cards.
The City also paid the GAAP Auditing Firm of Moss, Levy, Hartzheim a total of $19,151 in two separate checks. There are many transactions on the July/August General Ledger dated ’06/30/12′. Apparently the City is attempting to close the books from two years ago. Good luck to them.
The July Bank Statement shows the City of Beaumont took in $3,207,420.65 and spent $5,897,420.67 leaving a deficit of $2,690,000.
The August Bank Statement shows the City of Beaumont took in $13,692,026.56 and spent $15,368,324.63. This leaves a deficit of $1,676,298.07.
As of August 31, 2013 the City of Beaumont has $4.5 Million in the Checking and $1.8 Million in the State LAIF (local agency investment fund).
Council can lie to the Citizenry and ignore the financial disaster they’ve created for about two more months before the City will have to declare bankruptcy.