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Riverside County Grand Jury Exposes Fraud and Deceit In CFD Bonds
The 2018/2019 Riverside County Grand Jury has released a Report titled: “Community Facilities District Bond Funding in Riverside County Perpetual Debt Under CFD and Service Area Taxes.” CFD Bond Fraud is rampant throughout Riverside County, but nowhere are the Mello Roos State Laws more violated than in the City of Beaumont.
Former Beaumont Officials Guilty in Corruption Case – Admit Engaging in Fraud
Four former Beaumont officials accused of corruption pleaded guilty Tuesday, Dec. 19, to charges including embezzlement, misappropriation of public funds and conflict of interest, and agreed to pay a total of $8.1 million in restitution.
Latest News
Water District Approves Will Serve Letters for 981 More Houses
The Beaumont Cherry Valley Water District Board has unanimously approved Will Serve Letters for 981 houses in Heartland, Area 5. In 2003, when Beaumont had a population of 15,000, Heartland was grante … more
Bank should turn over bond records
Last week, the city of Beaumont issued a legislative subpoena to Union Bank of California as part of an ongoing investigation on how millions of dollars in bond funds have been used. While the city ha … more
City Manger Search Will Take Four Months
On March 8, 2016 the Headhunter Agency hired to find a City Manager for Beaumont met with Citizens to get input. The ‘Citizens’ consisted of Judy Bingham and Dr. Ball. The Agency stated that they expe … more
Willdan Claimed that Beaumont’s Arbitrage Reports to the IRS were Due December 31st, but Never Reported Back to Council
Libi Uremovic P.O. Box 2894 Rancho Cordova, CA 95741 (702) 503-2022 li**@********ne.net March 8, 2016 IRS – Department of Treasury 501 W. Ocean Blvd. 2nd Floor Long Beach, CA 90802 Internal Revenue Se … more
Beaumont Expended Millions After the Bonds’ 3-Year Time frame Expired and Out of Bond Fund Accounts that Did Not Exist
Municipal Bond Funds must be spent within three (3) years of acquisition. One of the many problems with Beaumont’s bonds is that money was requisitioned from the Bond Fund Accounts long after the thre … more
1994 Appraisals of Development Areas – How can Heartland Area 5 be Worth $3 Million Less Today than 20 Years Ago?
Municipal Bonds, like any other loan, must have collateral to secure the loan. Beaumont’s Sewer Bonds were secured with promises of Sewer Fees collected. For the rest of the Bonds Beaumont used the Ap … more
Beaumont Standing Financial Committee Agenda
Beaumont Standing Financial Committee Agenda Monday, March 7, 2016 at 6:30 p.m. Regular Meeting: Public Comments II. Resignation of Rebecca Carr III. Seat Sean Balingit to replace Carr IV. Discussion … more
Beaumont Closed Session: Evaluation of and Consideration of City Manager Appointment – March 7, 2016
SPECIAL MEETING AGENDA Beaumont City Council Closed Session (5:00 p.m.) Beaumont Finance Authority Beaumont Utility Authority Beaumont Conservation Authority Beaumont Successor Agency (Formerly RDA) P … more
Warsinski Out, Gibbs In as Director of Development Services
‘Director of Development Services’ is the City of Beaumont’s attempt to circumvent State Laws and hire qualified Employees to oversee the Sewer Plant. On March 3, 2016 at 11:52am the City of Beaumont … more
As development moves in, debating who pays for their water
Mary Ann Melleby, a representative from the San Gorgonio Pass Water Agency, pointed out the fact that, as more housing developments are added in the region, someone better determine who will pay for a … more