DOUBLE TALK OR JUST PLAIN A LIE?
At Tuesday night’s Town Council meeting, Mrs. Jessica Maloy,
the Finance Director, made a feeble attempt to justify the method the town uses
to acquire Police Vehicles. Mrs. Maloy
tried to explain that I put out erroneous information, and if I did, I received
this information from the town. Mrs.
Maloy tried to explain how the town utilizes a Lease to Purchase to acquire
these vehicles.
Lisbon Finance Director Jessica Maloy
However, she left off the part about how the Lease to Purchase
option costs the taxpayers more tax dollars in the long run.
Leasing allows the payments to be strung over
years and eliminates having to pay for the vehicle all at once. This is just what this town needs is to spend
more tax dollars than necessary. If we do not have sufficient funds to
purchase the vehicle outright when, why do it?
Mrs. Maloy tried to justify budgeting both the cost of the
vehicle and all the lease payments in the same budget. Now according to a councilor I talk to
explained it to me as the council approves the total cost of the vehicle for
purchase and then Lease to Purchase in order to pay for the additional lease
payments for the other vehicles already on lease. This
process makes absolutely no sense to me because they have several line items in
the budget doing the very same thing.
HOW MANY TIMES ARE THE TAXPAYERS GOING TO PAY FOR THESE VEHICLES?
Lisbon Police Chief David T. Brooks
At budget time, I asked how many vehicles are leased
and how many have been purchased outright.
Chief Brooks, Mr. Eldridge and Mrs. Maloy have provided partial
information and adverted coming right out and explaining the process. All the vehicles were acquired under the Lease to Purchase
program.
Now I am going to provide you documents, I received from
Mrs. Maloy through the Freedom of Access Act (FOAA) program. If I do not have the right information, it is
because I receive conflicting information from the town. Below you will find an Invoice (Bill of Sale) for a 2013
Police Interceptor for $23,504.00 and a Purchase Order number 1992 paying this
Invoice and then you will see the Schedule A for the Lease to Purchase on the
same vehicle. Check out the VIN number on the
Invoice and the Lease to Purchase Schedule A.
Isn’t that funny, the VIN number is the same. I know that there is no VIN number on the
Purchase Order but the Police Department only has one 2013 Vehicle in the fleet
and the amount is consistent with the Invoice.
(click on each document to enlarge or print)
Mrs. Maloy, please explain to the
taxpayers how many times they have to pay for the same Police vehicle in this
town?
Larry Fillmore
If I
read the following post correctly on 9/10/12 Lisbon’s Purchase.Order said we paid $
23,504 cash, check nr.114609, for a Ford int.
1 comment:
It would make things a lot simpler, better for the public to understand if when Finance Director, Jessica Malloy, gives her financial report at council meetings she would give full disclosure. Case in point; the recent purchase of two police department vehicles. She said they were purchased. At the 11/19 2013 council meeting she went into detail how financing something works, like we are all stupid. When the town makes a purchase it does make a difference if it is a cash transaction or financed.
As difficult it may be for someone as enlightened as Mrs. Malloy, the public and taxpayers do understand the concept of interest paid on loans and lease purchases. The end result is that the taxpayer pays more on financed/lease purchases.
We are NOT that stupid!!!
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