Saturday, April 9, 2016

Where is the money?

Jackson Chief Administrative Officer Gus McCoy sent a letter to the City Council on March 31 that stated that the water and sewer revenues could not be audited due to "extenuating circumstances." Read the letter for yourself below.



Kingfish note: What effect will this have on bond ratings?

33 comments:

Anonymous said...

Can't audit the department that a week later reported a shortfall of several million dollars? Its time for the Mayor to step down, take his appointees with him and turn the City over to someone competent to run it. He has proven again his incompetence.

Anonymous said...

Is there anyone working for the water and sewer dept. that can read or write? Do all of the employees of that dept. have their hand in the cookie jar? Sounds like it is time to clean house and start over.

Anonymous said...

Please tell me you meant to print this on April fools day

Kingfish said...

JJ posted an analysis of the Siemens contract a couple of years ago.

Anonymous said...

"contact my office." No sir, it's not YOUR office; it belongs to the public to conudct their business timely and professionaly,

Agree with everything said in the first 3 posts.

Kingfish said...

and here is all who got paid on the bonds:

Malachi Financial Products (Financial Advisor): $182,000
Baker Donelson (Bond Co-counsel): $90,000
Anthony Simon (Bond Co-counsel): $90,000
Hunton & Williams (Disclosure Counsel): $70,000
Mississippi Development Bank: $70,000
Balch & Bingham (Developer's Counsel): $48,000
S&P (Ratings Agency fees): $39,100
Moody's (Ratings Agency fees): $34,000
Trustmark (Paying agent): $9,500
Imagemaster (printing): $3,500
Spence Flatguard (State bond attorney): $3,295
TOTAL: $639, 395

Anonymous said...

Tony has been more interested in directing his office's time and attention to rigging contracts for his cronies than solving the City's water/sewer, water theft and pothole problems. Where is the FBI when we need them? The FBI and the State Auditor need to step in and clean house.

Anonymous said...

One of the worst contracts ever. But the professionals aren't the problem: Johnson wanted this baldy pre-election, as did Yarber, Lumumba, Bluntson, Whitwell and MBS (if memory is correct). Even worse, Lumumba and Yarber supported this POST-election. And let's not even post how much various contractors or components cost, who they were, relationships.

The $650k people, like them or not, were never the problem.

Anonymous said...

the state should mandate a 'city manager" over jackson. someone who has a history of turning around bad situations. we could always ask the people from Detroit who to recommend...

Dan Hise said...

Here is a message I posted on our neighborhood email site. It may give you an idea of where most of the money is located:

There ought to be a story about the status of the Siemens contract in the news about once a week. For what it's worth, I have today emailed Margaret and Mel to make sure that they know that I have spoken with the water department about the fact that I recently discovered that although my bills that came in the mail showed that I had paid the previous month's bill by bank draft, there was no evidence of such payments when I looked back at my checking account records. As expected, that started happening last summer, when the Siemens system went online. Courtesy of "The Great One," Andy Boone, I got a call from a nice lady at the water department. This month the payment was drafted, but I still owe maybe $400. One wonders how many others are similarly situated.

Anonymous said...

How long will this corruption in the City of Jackson be allowed to continue????? It is blatant, in your face, corruption and mismanagement! Be it theft or waste, these people obviously do not know what they are doing. How bad does it have to get before officials say, "That's enough", clean house and start over with competent management? There must either be some changes made - soon or the City of Jackson will have to be shut down; this can't be allowed to continue without there being extreme circumstances!

Anonymous said...

You think it is bad? Think about how royally screwed we'd be if Chuckwe Jr., Brother KaliKook and Detroit reject Kwame Kenyatta were pulling the levers.

Anonymous said...

2:02, just who would clean house? The DA for this area, nope. The AG for the State, nope. The FBI or DOJ, nope. None of these official will touch the corruption of a 90+% black city.It will go on til all is gone which may not be long now.

Anonymous said...

No one can help Jackson. If anyone tried to help they would find the people do not want their help. The people of Jackson only want money from the white people. For some reason they think they deserve it. Even the money they get go into the pockets of some politician or their buddies.
Can anyone think of anyone, organization, or govt. employee that would say anything against Jackson and it's leaders? That bit R word would be heard around the world.
Let Jackson sink on it's own.

Anonymous said...

This is a serious issue piled on top to previous serious issues heaped upon what is apparent total lack of competence. I can't jump all over the mayor: He is running a city whose employees could not get jobs at McDonalds.

What is the process to have the city taken over by the state as they have done in a number of bankrupt cities?

David Frazier said...

Jackson needs to file for bankruptcy protection. That way, a federal judge will appoint someone as a receiver or conservator to run the city in a responsible manner who will not have to answer to the mob.

Anonymous said...

Oh, how I wish someone could get to the bottom of this Siemens contract and aftermath. It was the largest contract of its type ever signed by Siemens and, I believe, the largest ever signed by the City. It smelled from the beginning and it still smells.

Would someone posting above please edify the public with who might be in the upcoming mayoral race and who would be a reasonably good mayor. We need to know.

Anonymous said...

Will Jackson ever be able to sell bonds again?

Anonymous said...

Correct me if Im wrong but, Tony may not get the NE Jackson Hoddy Toddy crowd for fundraising or the site vote this time… I think John Horne would be a good candidate should he choose to run. I also think Priester would make a fine choice for mayor. Stamps wouldn't be bad… Tyrone guy that is on city council seems to do well… However him and Tony are pals so he probably wouldn't run due to that.

Anonymous said...

Why use Hunton and Williams?

Do you really need to spend that kind of money?

Can Stacey Puckering audit the City of Jackson?

Someone needs to take charge and quickly.

Anonymous said...

If only the corruption was in Ridgeland where the Mattiace supporters would bully you to move along.

Anonymous said...

John Horhn? Seriously? You must be new here. Why don't you suggest Lt. Robert Graham of the Jackson Police Department?

CC Water-Back said...

"I think John Horne would be a good candidate should he choose to run. I also think Priester would make a fine choice for mayor. Stamps wouldn't be bad… Tyrone guy that is on city council seems to do well…"

In remembrance of Merle, will the person who posted that please have another Tequila Sunrise? That'll make six.

Anonymous said...

Correct me if Im wrong but, Tony may not get the NE Jackson Hoddy Toddy crowd for fundraising or the site vote this time… I think John Horne would be a good candidate should he choose to run. I also think Priester would make a fine choice for mayor. Stamps wouldn't be bad… Tyrone guy that is on city council seems to do well… However him and Tony are pals so he probably wouldn't run due to that.

Wow.......that post is the most total fail I've ever read. Those characters make Kenny Stokes look bright.

Anonymous said...

10:47, It looks like to me that the city was audited to some extent and it was so bad that a report couldn't be issued. If you are asking if the State Auditor or someone can find the money, it would seem they could find some of it and could isolate the names of the many that failed in their internal control responsibilities and perhaps even some of those who are stealing.

Who Goes There? said...

I feel almost certain that Yarber nor anybody else in Jackson Municipal Government is wise enough to negotiate this labyrinth of mismanagement and thievery. That leaves the question as to who is behind the curtain.

Anonymous said...

When a CPA can not locate money and records to do proper audit things are bad. Was there not a system of general accounting in place for the last audit.? This is right on the edge on being criminal.

Anonymous said...

If there was an honest person in Jackson that would make a good mayor they might 5-6 votes. There isn't a place for such a person in Jackson, that is why most of them have moved out.

Kingfish said...

A firm attempted to audit the New Orleans public school system shortly before Katrina. It gave up and literally said the system could not be audited and that it would be better to start over from scratch. Little did it know....

Anonymous said...

Anyone that thinks that "Clinton is gonna be Ferguson" Stamps would be a decent mayor is a completer and total moron. I'd vote for Stokes before I would that lowlife, lying, rabble-rousing Stamps.

Anonymous said...

Listen to Stamps on the radio then decide. He's more than a bit biased against people who don't look like him. Sen. Horne has run before (maybe 2 times) with little interest in him evidenced by the vote. Lumumba would be a bigger disaster than his Daddy and chances are he would live all four years. That "Tyrone Guy" is way too young for the job. Robert Graham of the Board of Supervisors would be a terrible choice. Check out his record. Reeks of cronyism. Remember before Greer and McQuirter? County couldn't make any progress. Wasn't Graham the guy who insisted on the expensive AirWave company that we didn't need and have done fine without?

The water billing probably couldn't be audited because the crazy Seimens on-line billing method was sending out outrageous bills, if you remember the articles I remember. On-line billing is only as good as the system that Seimens installed. Maybe that is why they have dedicated a full-time employee? Do ya think?

Anonymous said...

Seimens deal is real simple: just good old school kickback with salesmen and local officials. The nice thing about this was there was no intent to do the work right since it would never be checked. The same officials could not claim lack of performance for they are in on it. ( See Rudy in Madison Co.)

Anonymous said...

All politicians should be audited and weighed before being elected and after serving. Any money made above what they had when elected should be forfeited. Any weight gain should cost them so much per pound.
Maybe we can get rid of the politicians who become fat and rich on the public's money.

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Trollfest '09

Trollfest '07 was such a success that Jackson Jambalaya will once again host Trollfest '09. Catch this great event which will leave NE Jackson & Fondren in flames. Othor Cain and his band, The Black Power Structure headline the night while Sonjay Poontang returns for an encore performance. Former Frank Melton bodyguard Marcus Wright makes his premier appearance at Trollfest singing "I'm a Sweet Transvestite" from "The Rocky Horror Picture Show." Kamikaze will sing his new hit, “How I sold out to da Man.” Robbie Bell again performs: “Mamas, don't let your babies grow up to be Bells” and “Any friend of Ed Peters is a friend of mine”. After the show, Ms. Bell will autograph copies of her mug shot photos. In a salute to “Dancing with the Stars”, Ms. Bell and Hinds County District Attorney Robert Smith will dance the Wango Tango.

Wrestling returns, except this time it will be a Battle Royal with Othor Cain, Ben Allen, Kim Wade, Haley Fisackerly, Alan Lange, and “Big Cat” Donna Ladd all in the ring at the same time. The Battle Royal will be in a steel cage, no time limit, no referee, and the losers must leave town. Marshand Crisler will be the honorary referee (as it gives him a title without actually having to do anything).


Meet KIM Waaaaaade at the Entergy Tent. For five pesos, Kim will sell you a chance to win a deed to a crack house on Ridgeway Street stuffed in the Howard Industries pinata. Don't worry if the pinata is beaten to shreds, as Mr. Wade has Jose, Emmanuel, and Carlos, all illegal immigrants, available as replacements for the it. Upon leaving the Entergy tent, fig leaves will be available in case Entergy literally takes everything you have as part of its Trollfest ticket price adjustment charge.

Donna Ladd of The Jackson Free Press will give several classes on learning how to write. Smearing, writing without factchecking, and reporting only one side of a story will be covered. A donation to pay their taxes will be accepted and she will be signing copies of their former federal tax liens. Ms. Ladd will give a dramatic reading of her two award-winning essays (They received The Jackson Free Press "Best Of" awards.) "Why everything is always about me" and "Why I cover murders better than anyone else in Jackson".

In the spirit of helping those who are less fortunate, Trollfest '09 adopts a cause for which a portion of the proceeds and donations will be donated: Keeping Frank Melton in his home. The “Keep Frank Melton From Being Homeless” booth will sell chances for five dollars to pin the tail on the jackass. John Reeves has graciously volunteered to be the jackass for this honorable excursion into saving Frank's ass. What's an ass between two friends after all? If Mr. Reeves is unable to um, perform, Speaker Billy McCoy has also volunteered as when the word “jackass” was mentioned he immediately ran as fast as he could to sign up.


In order to help clean up the legal profession, Adam Kilgore of the Mississippi Bar will be giving away free, round-trip plane tickets to the North Pole where they keep their bar complaint forms (which are NOT available online). If you don't want to go to the North Pole, you can enjoy Brant Brantley's (of the Mississippi Commission on Judicial Performance) free guided tours of the quicksand field over by High Street where all complaints against judges disappear. If for some reason you are unable to control yourself, never fear; Judge Houston Patton will operate his jail where no lawyers are needed or allowed as you just sit there for minutes... hours.... months...years until he decides he is tired of you sitting in his jail. Do not think Judge Patton is a bad judge however as he plans to serve free Mad Dog 20/20 to all inmates.

Trollfest '09 is a pet-friendly event as well. Feel free to bring your dog with you and do not worry if your pet gets hungry, as employees of the Jackson Zoo will be on hand to provide some of their animals as food when it gets to be feeding time for your little loved one.

Relax at the Fox News Tent. Since there are only three blonde reporters in Jackson (being blonde is a requirement for working at Fox News), Megan and Kathryn from WAPT and Wendy from WLBT will be on loan to Fox. To gain admittance to the VIP section, bring either your Republican Party ID card or a Rebel Flag. Bringing both and a torn-up Obama yard sign will entitle you to free drinks served by Megan, Wendy, and Kathryn. Get your tickets now. Since this is an event for trolls, no ID is required. Just bring the hate. Bring the family, Trollfest '09 is for EVERYONE!!!

This is definitely a Beaver production.


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Trollfest '07

Jackson Jambalaya is the home of Trollfest '07. Catch this great event which promises to leave NE Jackson & Fondren in flames. Sonjay Poontang and his band headline the night with a special steel cage, no time limit "loser must leave town" bout between Alan Lange and "Big Cat"Donna Ladd following afterwards. Kamikaze will perform his new song F*** Bush, he's still a _____. Did I mention there was no referee? Dr. Heddy Matthias and Lori Gregory will face off in the undercard dueling with dangling participles and other um, devices. Robbie Bell will perform Her two latest songs: My Best Friends are in the Media and Mama's, Don't Let Your Babies Grow up to be George Bell. Sid Salter of The Clarion-Ledger will host "Pin the Tail on the Trial Lawyer", sponsored by State Farm.

There will be a hugging booth where in exchange for your young son, Frank Melton will give you a loooong hug. Trollfest will have a dunking booth where Muhammed the terrorist will curse you to Allah as you try to hit a target that will drop him into a vat of pig grease. However, in the true spirit of Separate But Equal, Don Imus and someone from NE Jackson will also sit in the dunking booth for an equal amount of time. Tom Head will give a reading for two hours on why he can't figure out who the hell he is. Cliff Cargill will give lessons with his .80 caliber desert eagle, using Frank Melton photos as targets. Tackleberry will be on hand for an autograph session. KIM Waaaaaade will be passing out free titles and deeds to crackhouses formerly owned by The Wood Street Players.

If you get tired come relax at the Fox News Tent. To gain admittance to the VIP section, bring either your Republican Party ID card or a Rebel Flag. Bringing both will entitle you to free drinks.Get your tickets now. Since this is an event for trolls, no ID is required, just bring the hate. Bring the family, Trollfest '07 is for EVERYONE!!!

This is definitely a Beaver production.

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