By: Libi Uremovic| Original Article at Patch.com
The City of Beaumont has released the bank statements online: http://www.ci.beaumont.ca.us/index.aspx?nid=925
There are no other Accounts. There are no Fund Accounts established, there are no ‘Reserves’.
Cash As Of January 31, 2015:
Citibank 01/31/15: $22,531,359.40
Deposits: $18,215,696.63
Withdraws: $2,617,669.85
Bank of Hemet 01/31/2015: $391,206.47
Deposits: $750,000
Withdraws: $840,918.78
LAIF: 01/31/15: $3,890,940.14
Deposits: $2,491.29
Withdraws: $,00
TOTAL FUNDS AS OF 01/31/2015 $26,813,506.01
Expenses:
Mello Roos Bond Payments:
$7.6 Million on March 1st
$14 Million on September 1st
Lawsuits:
Legal Fees: $3 Million
WRCOG $3 million/year Interest, $42 Judgement
Hernandez Blinding: $50 Million
Infrastructure:
Recycled Water: 100 Million
Fire Stations: $20 Million to build, $4 Million/year to maintain
Citibank Tax Deposits
Page 10 of 17 01/20 $13,082,014.67 County Taxes
Page 5 of 17 01/09 $287,620.10 County Taxes
Page 6 of 17 01/12 $14,192.06 County Taxes
Page 10 of 17 01/21 $222,100.00 State Taxes
Page 11 of 17 01/22 $6,230.00 County Taxes
page 12 of 17 01/23 $103,398.45 County Taxes
Page 13 01/26 $150,000 County Taxes
Page 15 01/29 $21,471.63 County Taxes
Page 15 01/29 $2,084,635.61 County Taxes
Page 15 01/30 $8,333.33 County Taxes
Page 15 01/30 $113,579.67 State Taxes