McDermott appears to have very limited knowledge on what is going on with in the city as well as the most current and even more critical State Board of Accounts report on Hammond Affairs.
Mayor Thomas McDermott Jr, a now self reported has a self proposed background in finance, has worked at discounting a current state board of accounts report as a previous year report. As if the State Board of Accounts has nothing to do but audit Hammond.
McDermott on the air at WJOB said it was an old report in attempt to disguise the poor and repeated year after year of poor performance the city has under Mayor Thomas McDermott's leadership...
Still no article from the times on why $27,000,000 of tax payer's money was placed in uninsured investment accounts, placing the total amount at risk of being lost in a bank/investment closure... sure in recent memory there has been no financial institution or investment firm that has closed...
right Mayor Tom?
Well it has been rumored that McDermott's Campaign account has benefited from the placement of that money. No wonder he refuses to post the city budget and make public his campaign financial report.