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Archive for the ‘Compton’ Category

Compton Civic Center

July 18, 2012             6:11 p.m.

Compton this week became the latest city in California to find itself on the brink of bankruptcy, and as with others in crisis, much of the blame lies with questionable financial practices.

City officials announced that Compton could run out of money by summer’s end, with $3 million in the bank and more than $5 million in bills due.

A longer-term problem is a $43-million deficit that the city amassed after years of improperly using money from water, sewer and retirement funds to balance its general fund. Compton will have to pay the money back at a time when it has no reserves and has been frantically cutting costs.

The situation is similar in other beleaguered cities, including San Bernardino, which voted last week to authorize a bankruptcy filing. Many of those cities relied on restricted funds to balance their books, obscuring their financial troubles.

The state of these cities underscores the complexity of the fiscal crisis roiling California municipalities this year, with Stockton and Mammoth Lakes already in Chapter 9 bankruptcy. While ballooning public pensions and falling property tax revenues have hit many cities hard, bad accounting practices and improper use of funds have also taken a toll.

In many cases cities resorted to these measures because they could not balance their books or raise revenues but were loath to make cuts.

A recent grand jury report found that the High Desert city of Victorville used a series of disparate, possibly illegal measures to stave off insolvency. Those included dipping into sanitation funds to help keep the city’s treasury afloat, loaning water agency funds to bail out the city’s electric utility and siphoning $2 million in airport bond funds to buy land for a city library.

The inter-agency borrowing was so questionable — with $69 million sloshing around City Hall as of June 2011 — that the Securities and Exchange Commission launched an investigation, which is ongoing.

In Montebello, state auditors last year said they were troubled to learn that the city regularly used money designed for specific purposes to balance its budget — in apparent violation of the law.

“It appears that the City moved money wherever it wanted, whenever it wanted, regardless of the law or the intended purpose of those taxpayer dollars,” Controller John Chiang said in a statement.

Montebello officials said they are not close to bankruptcy but acknowledged that accounting problems were serious. “We borrowed money from all over the place, from all sorts of restricted funds. Every type of restricted fund, we have borrowed from it at some point to balance the budget,” said Councilwoman Christina Cortez.

San Bernardino officials said budget reports had not been reconciled with audited financial statements, further muddying the city’s financial picture. City Atty. James Penman made the controversial statement last week that budget documents had been “falsified” for 13 of the last 16 years, although other city officials said the reporting issues appeared to be the result of sloppiness, not fraud.

An annual audit of San Bernardino’s finances in 2010 found that the redevelopment agency had improperly billed the U.S. Department of Housing and Urban Development, seeking reimbursements for expenses the city had yet to pay for. The city “deliberately” did so because of “cash flow concerns,” the audit found.

Beyond accounting practices, many of these cities have been beset by ugly politics and heavy turnover among city administrators.

At the same time, many cities in California also saw holes blown in their budgets by the state last year when it eliminated redevelopment agencies. Redevelopment in Compton, for example, contributed about $5 million a year to the general fund.

“Losing redevelopment was like the bank calling you and saying, ‘We’re not renewing your credit line.’ That’s the kiss of death,” said Larry Kosmont, a consultant who advises a number of California cities.

In Compton, the current crisis literally stems in part from inability to get a line of credit.

Officials slashed the city’s workforce last year and sought the line of credit to help deal with cash flow problems in the short term. But that effort ended after Mayor Eric Perrodin sent a letter to the state controller’s office in December alleging that fraud might have led to the city’s financial problems and calling for a forensic audit.

The controller’s office has not launched such a probe. But late last month, Mayer Hoffman McCann — the firm hired by Compton to perform the regular annual audit of its finances — told the city it could not finish the audit because it had been unable to get more information from Perrodin about the fraud allegations.

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Compton was incorporated on May 11th, 1888 according to http://en.wikipedia.org/wiki/Compton,_California
May 11th, 1888
5 + 11 +1+8+8+8 = 41 = Things get ugly.
Ace of Cups Tarot card

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Game300_lnf9pvnc

August 13, 2011    7:00 a.m.

After a tweet by the rapper The Game prompted hundreds of calls to the Los Angeles County Sheriff’s Department on Friday night, authorities said the unexpected deluge delayed their ability to respond to numerous emergency calls, including robberies and a missing person.

The tweet to the rapper’s 580,000 followers said that if they wanted an internship with him, they should call a phone number, which turned out to be the number for the sheriff’s Compton station.

Sheriff’s Capt. Mike Parker said the calls lasted for hours and that as soon as sheriff’s deputies and dispatchers hung up, the phones immediately began ringing again. Although they received many hang-ups, several other people inquired about a music internship.

Several legitimate emergency calls were also received during that time, but deputies were delayed responding to calls about a missing person, a spousal abuse incident, two robberies and a stolen vehicle, Parker said.

“We don’t know how many people needed help but couldn’t get through the overwhelmed phone lines,” Parker said.

Authorities have opened a criminal investigation into the matter, which could include charges such as obstructing officers, making harassing phone calls and knowingly and maliciously disrupting communication over a public safety radio frequency.

The Game sent a tweet to The Times saying: “it wasn’t me (shaggy voice).” He suggested that his Twitter account had been hacked by someone else. In another tweet, he said it was an accident: “Yall can track a tweet down but cant solve murders ! Dat was an accident but maybe now yall can actually do yall job !!!! #iSpeak4ThePeople”

Parker asked The Game via Twitter to delete the phone number, but said he did not hear back. The rapper did not respond to requests for comment.

from:  http://latimesblogs.latimes.com/lanow/2011/08/game-rapper-twitter-telephone-flash-mob-sheriff.html

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The Game (Jayceon Terrell Taylor)  was born on November 29th, 1979 according to http://en.wikipedia.org/wiki/Game_(rapper)

November 29th, 1979

November 29th

11 + 29 +2+0+1+0 = 43 = his personal year (from November 29th, 2010 to November 28th, 2011) = Fun times.  Friends.  The fun’s over.

43 year + 7 (July) = 50 = his personal month (from July 29th, 2011 to August 28th, 2011) = Society.  Social issues.  We the people.

50 + 12 (12th of the month on Friday August 12th, 2011) = 62 = his personal day = He suggested that his Twitter account had been hacked by someone else.  Criminal investigation.  Could include charges such as obstructing officers. 

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using the number/letter grid:
1 2 3 4 5 6 7 8 9
A B C D E F G H I
J K L M N O P Q R
S T U V W X Y Z

Where:

A = 1 J = 1 S = 1

B = 2 K = 2 T = 2

C = 3 L = 3 U = 3

D = 4 M = 4 V = 4

E = 5 N = 5 W = 5

F = 6 O = 6 X = 6

G = 7 P = 7 Y = 7

H = 8 Q = 8 Z = 8

I = 9 R = 9

 

Jayceon Terrell Taylor

1173565 2599533 217369       92

 

his path of destiny = 92 = Prosecution.  Charges such as making harassing phone calls.

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find out your own numerology at:

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