TUMF Projects Recorded On General Ledger thru 2011

By: Libi Uremovic | Original Article at Patch.com

Beaumont Records TUMF Projects Two Years After Being Thrown Out of WRCOG

2014-10-30-08

Attached is a picture of the General Ledger Fund 35 – Mitigation Fees – for Fiscal Year 2010 – 2011 showing the City recording $1.3 Million in road work as ‘TUMF Projects’. This is just wrong.

#1 – The Western Riverside Council of Governments threw the City of Beaumont out of the TUMF Program in 2009. Once the City was thrown out of TUMF they no longer qualified for any TUMF projects.

#2 – TUMF Projects would be recorded on the WRCOG’s General Ledger, not the City’s. All the City should have on their General Ledger is collection of the TUMF from the developers and full remittance to the WRCOG.

There are no transactions recording the collection of TUMF from the developers. The Judgement states that instead of charging the developers TUMF they pushed the fees onto the ‘future’ property owners through Mello Roos bond debt.

Below the TUMF Projects is a copy of Fund 66 showing the WRCOG legal fees for Fiscal Year 2010 – 2011. Over $800,000 to McNeil Law Offices in one year.