More Money Torched By LEDC – ‘Professional Services’

From 2004 through 2013, the LEDC incinerated over $250,000 of taxpayer money on ‘professional services’ (later labeled ‘contract services in 2012 and 2013). I stopped listing at 2013 because I have already covered 2014 onwards by a records request previously. That’s where Pope Eckermann really had his snout in deep and I didn’t want to double count. For instance, ‘contract services’ was $138,516 in 2015 – which overlaps with the $168,740 I previously showed him scarfing down.

What are ‘professional services’? Who the hell knows. Nice and vague. The IRS Form 990 gives you a LOT of categories into which you can slot your expenses. But LEDC chose to enter their own. Here is a list I made by compiling them by year:

In 2003, they just used the term “other services” which is even MORE vague. It is a whopping $185,794!!! (or over $250,ooo in today’s dollars). I have to think if a quarter of a MILLION dollar line item popped up in the LEDC today and it said “other services” it would seriously raise some eyebrows. Looks like these idiots got away with murder back then.

I mean, this was BEFORE they bought the corpse repository ‘business’ park! These clowns start up a “non-profit” for “economic development” and then have the balls to spend $230,000 on “legal fees”, “admin and overhead” and “other”? Jesus Christ! These are UNELECTED BOZOS making huge sums disappear ($320,000 in today’s dollars!)

That “admin and overhead” number adds up too! It was $18,000 in 2003 ($25,000 in today’s dollars) then jumped to $24,000 in 2004, 2005 and 2006. Finally, it dropped in half to $12,000 from 2007 up until present day….or another $246,000 vanishing into thin air.

Admin and overhead for what, exactly? We already have Mandy Walsh ostensibly running the LEDC for $101,285 in salary and benefits. Soon, the City will create another Nerf job (Development Director) costing the taxpayer another six-figures. Yet the LEDC still needs $12,000 per year for “admin and overhead”? Lovely.

Start adding all these nickels and dimes up and you can see how the LEDC wasted the $4.1 million dollars they have skimmed since 2000.

Well, it’s not entirely wasted. We DO have a 165 acre weed patch with $800k of water/sewer pipes under the dirt. Eckermann is hard at work as we speak spending the latest $100,000 to ‘develop’ this shovel-ready site even more!!