Another Maine Town Falls Victim To Unscrupulous Management Practices

Hermon investigates transfer of funds because of cash flow problem

By Dawn Gagnon, BDN Staff

HERMON, Maine — A recent transfer of funds earmarked for economic development into the town’s checking account to meet payroll obligations will be among the matters that the Town Council will address Thursday night.

The meeting is scheduled for 7 p.m. in the public safety meeting room.

Town Manager Clinton Deschene said last week that in order to address a cash flow problem related to the town’s April 1 due date for property tax payment, he transferred more than $500,000 in revenues from the town’s tax-increment financing district into the town’s checking account.

As it turned out, however, the funds were not used because enough cash came in to cover expenses, Deschene said. He said the funds since have been put back into the economic development account.

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At least they can get a real investigation perhaps.

"Herman readers, you need to first find out if the Town has converted their financial management system to TRIO software.  This allows the 'operative' to move funds around with absolutely no trace.

Case in point.  Lisbon converted from Northern Data Systems which does track every penny, to TRIO when the current town manager 'slithered' his way into our little community via the current in the Androscoggin River.

Continue to learn more about small town corruption here"   www.lisbonreporter.com