Back in August, I told you that Bethlehem has a quaint little habit of dipping into different funds to pay operating expenses, especially when the till gets low. That's why a brand, spanking new firetruck sat unused in a City garage. Bethlehem borrowed the money to pay for that truck, but spent it for something else.
This is just one of the problems highlighted by an independent audit showing that the Christmas City finished 2009 in an $8.5 million sea of red ink. Instead of correcting this Rob-Peter-to-Pay-Paul disease, Bethlehem is continuing it.
At the very meeting in which Bethlehem's financial games were revealed, the City's Finance Committee discussed plans to borrow $6 million for capital projects. But guess what? Because Johnny Casino has already spent the money, the City has to borrow another $6 million.
To you math geniuses put there, that's twelve million for six million worth of work.
"This is madness," claims City resident Dana Grubb.
Madness? This is Bethlehem.
Blogger's Note: The above excerpt comes from video shot by Tony Simao, which appears on his YouTube Channel.