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Welcome to the Bolingbrook Report. The BR has been operating as the local hottest news source since April 2009. Always controversial, and always on the scene, the Brook Report has over 80,000 hits and counting! The BR is an online electronic news source ran by volunteers and residents of Bolingbrook.

Tuesday, May 1, 2012

Annual Budgets vs. Annual Spending


How close does Bolingbrook follow the budgets, when you review the end of the year spending vs. beginning of the year budget process?  Bolingbrook fails to follow budgetary concerns in the voting and issues that arise during the year.

When you look at the past few years of annual budgets, you will see it is all "smoke and mirrors".  It is suppose to be the best estimate of what the trustees will spend of your tax dollars.  Tthroughout the year it becomes apparent that this document does not matter.  Furthermore, to better hide the smoke, they continuously change auditors for their financial reports, having done so numerous times in the past ten years.  Issues that one auditor would find, would not need to be addressed if you hired a different auditing company the following year.  Needless to say, the end of year financials do NOT balance with the start of a year's numbers.  Either it is shotty finance management or it is a cover up.  Bolingbrook is the only community in the surrounding communities to have this issue.  Think about it!

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