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Thursday, August 18, 2016
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Figuring out the finances Princeton hears report on financial issues, concerns By Goldie Rapp grapp@bcrnews.com
This is the first in a two-part series on the financial meeting held by Princeton City Council Tuesday, Aug. 16. PRINCETON — More than 40 members of the community squeezed into the Princeton Council Chambers on Tuesday, Aug. 16, to hear Bob Nowak, the city’s temporary finance director, reveal his findings from his six-month investigation into the city’s budget. Before Nowak’s presentation, Mayor Joel Quiram gave a brief history on why the city decided to hire Nowak for this purpose. He said when current city manager Rachel Skaggs started her position in November 2015, one of her tasks was to review all city accounts. Just weeks into her analysis, she found “serious concerns,” which she shared with Quiram. At that time, the city also received a letter from its auditor firm in Bloomington that highlighted significant deficiencies and material weakness. From there, Skaggs decided it would be best to hire a third party to take a further look into the finances. That’s when the city hired Nowak from GovTempsUSA in February. Nowak’s salary was $70 an hour; to date,
the city has spent about $32,000. A look into the city’s cash Following Nowak’s explanation of the methods he used to conduct his investigation, he said the initial concern with the city was monthly variances in certain bank account balances. Nowak looked further into monthly bank reconciliation from May 2014 to April 2016 and discovered variances were from as little as around $3,600 to a high of negative $929,089. He noted the city’s auditors — Striegel Knobloch & Company, L.L.C. of Bloomington — have also not been able to verify the city’s bank balances, which resulted in management comments that were not acted on by the city because apparently they were not made aware of it until recently. Nowak said one of his concerns was the money leaving the bank accounts. However, a further look into dollars going in the bank and the dollars going in the general ledger showed no money had been “sneaking out the backdoor.” Some concerns Nowak did find were that not all existing bank accounts had specific general ledger accounts. Also, the city’s monthly bank reconciliation contained information that was inconsistent with city records in regards to investments. Nowak explained copies of bank confirmations provided by the city’s auditors as of April 30, 2015, failed to document a specific financial insti-
Finances Page 2
BCR photos/Dave Cook
At left, Sally Nador of Wilmette holds an anti-gun sign at Tuesday’s protest outside L.W. Schneider. Lee Goodman of Northbrook, an organizer of the anti-gun protest tour, stands behind Nador. At right, large group of pro-gun demonstrators stood across the street from L.W. Schneider on Tuesday to counter protest the anti-gun protester tour.
Guns: In support or opposed? Peaceful protest at L.W. Schneider By Goldie Rapp grapp@bcrnews.com
PRINCETON — On Tuesday, Aug. 16, a demonstration involving both anti-gun and pro-gun protesters was conducted outside L.W. Schneider in Princeton, which is a manufacturer of military firearm components. The anti-gun group has been touring around Illinois protesting at several gun shops and manufacturers. One of the group’s organizers, Lee Goodman of Northbrook was at Tuesday’s demonstration. He explained their message in the protest is how the gun industry is profiting from selling guns into the country, which already has a gun problem. “The gun industry should be held responsible for the damage it’s causing but is refusing to do that because it stood in the way of any kind of Year 170 No. 99 One Section - 20 Pages
reasonable gun safety regulation,” he said. Goodman stood outside L.W. Schneider with two other individuals — his wife, Nancy, and Sally Nador of Wilmette, Ill. Together they explained the cross-Illinois demonstrations is the culmination of a campaign called the Merchants of Death Protest Tour. Following their one-hour demonstration in Princeton, the group was heading to Geneseo to protest Springfield Armory and Armalite. The group was counter protested by a pro-gun group, which included individuals from all over Bureau County and the surrounding area. Richard Borys of Tiskilwa explained when he heard about the anti-protesters, he called on friends and neighbors to join him in their counter protest. “Without firearms dating back to 1776, we’d still be under the regulation or rule of the king, so firearms are very important to our history,” he
Guns Page 2
Making a splash at the park district Group addresses board about a splash pad, pool enhancements By Goldie Rapp grapp@bcrnews.com
PRINCETON — Eight eager community members wanting to see expansion and upgrades at the Alexander Park Pool facility spoke to the Princeton Park District Board Monday, Aug. 15. The group, which calls itself the Princeton Community Improvement Club, have publicly expressed interest and passion in wanting to make these improvements happen and have organized a petition that has so far gathered around 250 signatures from citizens also wanting to see changes at the park. At Monday’s meeting, group spokesperson Liz Bonucci said club members wish to sit down with the board to explore funding options for a new splash pad at the park and upgrades to the pool area. “We’re really passionate about it, and we’ve gotten 250 other people in the community passionate about it ... Let’s see what we can do to get the funding necessary to get the improvements we’d like to see,” she said. Bonucci requested a meeting with board members and administration of the park district to look at plans and funding. Gene Englehart, chairman of the board, said the biggest problem with any kind of project is money. He said the board had already looked into these sorts of ideas and discovered it would cost millions of dollars. He also pointed out the cost of maintenance and upkeep of operation, which would cost much more than construction. Bob Russell, board attorney, also asked to speak publicly to the group and gave a brief financial history of the park district. He explained how it had undertaken a previous $4 million project but was able to do it with a state grant that covered 75 percent of the cost. “I think everyone agrees
Splash Page 4
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