Brian's headline says it all:" With no evidence yet, Republicans press on loan." They have every right to disagree, but no right to smear people by alleging theft. As a lawyer, Cimino knows better but is just doing Cianfarini's hatchet work. It's disgusting.

Tell me J. Smith, where did anyone allege theft. Please think for yourself and not how Jerry White tells you to think or act. No where did the republicans or Cimino ever say or allege theft. Stop the BS and show us the money, plan and simple.

in due time the money will become visible and the democrats will be scurrying out of town.the question still remains show the residents where did the money go plain and simple.july 5th meeting beware dems the truth shall set you free.
J Smith you should think before you write no allegation has been made.
if the previous administration pocketed the money is that considered fraud against the taxpayers of this town.
this could get really interesting

Did some research, to build a "high-end" golf course with a full featured club house today runs between 5.5 and 6 million dollars. This price also includes the purchase of the land to develop it on.

Riverwinds is a "mid-range" course at best and has no clubhouse. In addition the land for the project was already owned by the WD taxpayers.

So my questions are why was there a 10 million dollar loan for this project? Who approved to put the Taxpayers of this town on the hook for that money? Why did a "midrange" course built 10 years ago on land owned by the Taxpayers and did not include a clubhouse cost DOUBLE what it would take to build a nicer facility today. If that doesn't warrant a look at by the State Attorney General, of the Feds for that matter, then we are all royally screwed.

I've said it before - Mr. White had an obligation to follow the funds flow. WD was on the hook when they guaranteed the loan. Mr White it is unreal how WD Twp was run
during your tenure no viable General Ledger or accounting system. Also, Mr Weinstein said that a discrepancy did not exist during his time. What happened to the data? Did it evaporate like dry ice? Instead of people blowing smoke screens come up with the answers.

Sam, the cost of a golf course built is 2012 is quite different from the cost in 2000 or 2001. Did you forget about 9/11, several wars, and the economic crash. How can you compare the prices now to 10 years ago in the peak of the economic boom. Very Foolish. You should have been a trader on wall street, you would have prevented the entire economic downturn with your crystal ball.

Once again, as a CPA/auditor/ (also an independent), generally a bank will not disburse funds to a third party without some sort of request along with supporting documentation. It really comes down to if the funds were disbursed directly to the contractors/vendors or directly to the to the twp first? If the funds were sent directly to the township, I doubt they would require supporting docs. If the funds were sent directly to the contractors they (the contractors) should be able to provide billing invoices describing work performed that support the payments. Even if the payments were made by the twp, the contractors should still have job files on hand with signed contracts and billing invoices. My guess is the township with its lackadaisical accounting system in place (not having a general ledger is insane) probably just didn't save the invoices or support? From a debits/credits standpoint, when the loan was credited what was the other side of the entry, where is the debit? There should be an asset on the twps books for all of the work performed. Was the amount expensed and just run through? Was the loan never even recorded on the books? Raises a lot of questions from an accounting perspective. Aren't there any accountants that work at the municipal building? Finally, there should be signed contracts in place back when all of this work was performed between WD and the contractors. Any cost overruns, are then resigned with change orders. Look for these things.