Anyone can fall on hard times at any given time..... Just look at what happened to thousands of Hammond property owners during the tax re assessment, but should a city council person who can't manage their own fiscal affairs lead the city in budget concerns?Some of the debt.....
Quote:
1 Residential Real Estate with Rental, Location: 3 100,000.00 36,111.00 DA 0.00 FA
2 Checking with Harris Bank 140.00 0.00 DA 0.00 FA
3 Miscellaneous used household goods, including: f 1,500.00 0.00 DA 0.00 FA
4 Books CDs DVDs Wall hangings 300.00 0.00 DA 0.00 FA
5 Personal used clothing 300.00 0.00 DA 0.00 FA
6 Miscellaneous costume and fine jewelry, includin 200.00 0.00 DA 0.00 FA
7 Employer term life insurance - No cash surrender 0.00 0.00 DA 0.00 FA
8 Qualified Retirement Annity, City of Hammond Def 48,536.75 48,536.75 DA 0.00 FA
9 P.E.R.F. Balance as of 12/31/2008 49,280.33 49,280.33 DA 0.00 FA
10 Earned income credit for this filing year (wheth Unknown 0.00 DA 0.00 FA
11 2009 Tax Refunds due the Debtor (amount not yet Unknown 3,657.57 3,914.00 FA
12 1997 XXXX with 84,000 miles Trade i 875.00 0.00 DA 0.00 FA
Int INTEREST (u) Unknown N/A 1.57 Unknown
13 Assets Totals (Excluding unknown values) $201,132.08 $137,585.65 $3,915.57 $0.00
03/26/10 {11} US Treasury 2009 Federal Refund 1124-000 3,914.00 3,914.00
03/31/10 Int The Bank of New York Mellon Interest posting at 0.0700% 1270-000 0.02 3,914.02
04/16/10 To Account #9200******4566 TRANSFER TO CHECKING 9999-000 256.43 3,657.59
04/30/10 Int The Bank of New York Mellon Interest posting at 0.0700% 1270-000 0.22 3,657.81
05/28/10 Int The Bank of New York Mellon Interest posting at 0.0700% 1270-000 0.21 3,658.02
06/30/10 Int The Bank of New York Mellon Interest posting at 0.0700% 1270-000 0.21 3,658.23
07/30/10 Int The Bank of New York Mellon Interest posting at 0.0700% 1270-000 0.22 3,658.45
08/31/10 Int The Bank of New York Mellon Interest posting at 0.0700% 1270-000 0.22 3,658.67
09/30/10 Int The Bank of New York Mellon Interest posting at 0.0100% 1270-000 0.03 3,658.70
10/29/10 Int The Bank of New York Mellon Interest posting at 0.0100% 1270-000 0.03 3,658.73
11/30/10 Int The Bank of New York Mellon Interest posting at 0.0100% 1270-000 0.03 3,658.76
12/31/10 Int The Bank of New York Mellon Interest posting at 0.0100% 1270-000 0.03 3,658.79
01/31/11 Int The Bank of New York Mellon Interest posting at 0.0100% 1270-000 0.03 3,658.82
02/28/11 Int The Bank of New York Mellon Interest posting at 0.0100% 1270-000 0.02 3,658.84
03/31/11 Int The Bank of New York Mellon Interest posting at 0.0100% 1270-000 0.03 3,658.87
04/29/11 Int The Bank of New York Mellon Interest posting at 0.0100% 1270-000 0.03 3,658.90
05/31/11 Int The Bank of New York Mellon Interest posting at 0.0100% 1270-000 0.03 3,658.93
06/30/11 Int The Bank of New York Mellon Interest posting at 0.0100% 1270-000 0.03 3,658.96
07/29/11 Int The Bank of New York Mellon Interest posting at 0.0100% 1270-000 0.03 3,658.99
08/01/11 The Bank of New York Mellon Bank and Technology Services Fee 2600-000 5.01 3,653.98
08/31/11 Int The Bank of New York Mellon Interest posting at 0.0100% 1270-000 0.03 3,654.01
08/31/11 The Bank of New York Mellon Bank and Technology Services Fee 2600-000 25.00 3,629.01
09/30/11 Int The Bank of New York Mellon Interest posting at 0.0100% 1270-000 0.02 3,629.03
09/30/11 The Bank of New York Mellon Bank and Technology Services Fee 2600-000 25.00 3,604.03
10/31/11 Int The Bank of New York Mellon Interest posting at 0.0100% 1270-000 0.03 3,604.06
10/31/11 The Bank of New York Mellon Bank and Technology Services Fee 2600-000 25.00 3,579.06
11/30/11 Int The Bank of New York Mellon Interest posting at 0.0100% 1270-000 0.02 3,579.08
11/30/11 The Bank of New York Mellon Bank and Technology Services Fee 2600-000 25.00 3,554.08
12/30/11 Int The Bank of New York Mellon Interest posting at 0.0100% 1270-000 0.03 3,554.11
12/30/11 The Bank of New York Mellon Bank and Technology Services Fee 2600-000 25.00 3,529.11
01/23/12 Int The Bank of New York Mellon Current Interest Rate is 0.0100% 1270-000 0.02 3,529.13
01/23/12 To Account #9200******4566 CLOSED SAVINGS 9999-000 3,529.13 0.00
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