SEARCH
 
 


 
 
Money Wasted

Lake Worth Utilities
Waste Meter
$50,000
... for an arc flash study that Mr. Reyes was qualified to do in house and at no cost to taxpayers.
$200,000
... the estimated engineering cost of the express feeder which could also be done in house at no cost to taxpayers.
$591,898
... wasted when insurance requirements were circumvented by the city manager and utility director.
$123,098
... wasted when plant manager Dave Mulvay’s first attempt at writing a scope of work contained a defect that cost taxpayers an extra $123,098 for tainting the bidding process and giving unfair advantage to one bidder over another. - April 2009
$64,000
... wasted when the Matrix organizational study to save taxpayers money was scrapped in favor of higher cost outsourcing by city manager Stanton.
$450,000
... wasted engineering design cost of water piping and tanks (original county water deal) that will never be built.
$59,975
... wasted when additional costs were incurred for not following insurance procedure on transformer repair.
$82,620
... wasted when the commission unanimously voted to order transformers when we had equivalent replacements already in stock since the upgrade. - 15 Sep. 2009
Total Taxpayer Dollars Wasted:
$1,621,591
 
 

 
 
LWM Menu

· Home
· Advertising
· Authors and Articles
· AvantGo
· Downloads
· FAQ
· Feedback
· Forums
· Groups
· HTML Newsletter
· Journal
· Recommend Us
· Search
· Statistics
· Stories Archive
· Submit News
· Surveys
· Top 10
· Topics
· Web Links
 
 

 
 
Who's Online

There are currently, 44 guest(s) and 0 member(s) that are online.

You are an Anonymous user. You can register for free by clicking here
 
 

 
 
Site Info

Your IP: 54.80.111.72

Welcome, Anonymous
· Secure Login/Registration
· Forgot Password?
Server Date/Time
23 June 2017 12:20:19 EST
 
 

 
  House Price Update 2007 Q3
Posted on Thursday, November 29, 2007 @ 16:45:40 EST by Delta_Data_Services

Palm Beach County
By Christopher Cullen





The Office of Federal Housing Enterprise Oversight (OFHEO) released its 2007 Q3 House Price Index today and once again single family home prices in the West Palm Beach area have taken a hit: down 2.85% from the previous quarter.





In a press release, OFHEO Director James B. Lockhart commented on the national results:

“While select markets still maintain robust rates of appreciation, our newest data show price weakening in a very significant portion of the country. Indeed, in the third quarter, more than 20 states experienced price declines and, in some cases, those declines are substantial.”

In the same press release OFHEO Chief Economist Patrick Lawler noted:

“Rising inventories of for-sale properties are clearly having a material impact on home prices. Until those inventories shrink, that will be a great source of resistance to price increases.”

Clearly a thoughtful statement, to which I would only add: What we see is the result of allowing the greedy and the unscrupulous to run wild in an economic sector whose stability (or lack thereof) has a material impact on the average individual.


 
 

 
 
House Price Update 2007 Q3 | Login/Create an Account | 0 comments
The comments are owned by the poster. We aren't responsible for their content.
 
 

 
 

No Comments Allowed for Anonymous, please register

 
 

 
 
 
Related Links

· More about Palm Beach County
· News by Delta_Data_Services


Most read story about Palm Beach County:
Palm Beach County Helicopter Training - the best school for you

 
 

 
 
Article Rating

Average Score: 0
Votes: 0


To rate this article please Login first


 
 

 
 
Options


 Printer Friendly Printer Friendly

 
 

 
 
Associated Topics

BusinessConsumer InfoState and National
 
 



 
 
The comments are property of their posters, all the rest is editorial © 2007 by William Coakley and unauthorized use is prohibited by law. Anybody who uses, copies or distributes this material in any manner, for commercial or personal purposes, without written permission, would be committing an infringement of copyright.
You can syndicate our news using the file backend.php or ultramode.txt


PHP-Nuke Copyright © 2004 by Francisco Burzi. This is free software, and you may redistribute it under the GPL. PHP-Nuke comes with absolutely no warranty, for details, see the license.
Page Generation: 0.08 Seconds