DID THE RELATIONSHIP BETWEEN PSE&G, THE BERGEN COUNTY DEMOCRATS AND THE DUMONT DEMOCRATS COME INTO PLAY WITH THE FINANCIAL ISSUES RAISED DURING THEIR CAMPAIGNS ???

YOU DECIDE !!!

Responding to the letters from PSE&G regarding outstanding balances owed by the Borough of Dumont, a meeting was held on February 14, 2005.

In attendance from Dumont were Mayor Winant, Frank DeRosa (Borough Administrator), Bob McQuade (Councilman/Finance Chairman) and Denise Randazzo. From PSE&G were Kendra D’Altilio and John Smith.

  1. Quoting within the first letter by Ms. D’Altilio, on November 5, 2004, “I personally contacted Ms. Randazzo on January 30, 2004.  Ms. Randazzo assured me that the outstanding balance of at that time ($242,252.29) would be paid in full.  I contacted Ms. Randazzo again on February 6, 2004 and was told that a payment of $90,732.23 would be paid towards the outstanding balance.  Neither of these payments were made.”

   FACT: The Mayor demonstrated that in February of 2004, a payment of $90,732.23 bearing check #27525 was not only made but had cleared the bank to PSE&G. 

   2. Referencing the second letter by Mr. Smith where he states “The Borough currently has outstanding bills totally $304,958.21 including this months billing, which we have not received any payments for over the past 6 months”. 

    FACT: The Mayor presented a list of additional checks to PSE&G totaling $152,126.62.  PSE&G was also advised that a check in the amount of $76,060.23 would be issued on February 17, 2005.  With the exception of the February 17, 2005 payment, all checks had long since cleared the bank to PSE&G.

PSE&G claims a balance due of $304.958.21 including current month charges

Payments of $90.723.23 and $152,126.62 (cleared the bank months ago, but not properly credited)

It appears simply by PSE&G's own numbers that Dumont's February, 2005 balance should be $62.099.36

Now, if you subtract Dumont's February 17, 2005 payment of $76,060.23, it actually leaves Dumont with a credit balance of $13,960.87

The Borough strongly felt that the figures and representations expressed in PSE&G letters are of grave concern and warrant a full investigation and audit, and requested such.  Don't you agree???

   3.  The Mayor's request:

•     The Mayor went on to ask just how PSE&G failed to apply these payments against our account for 2004.  Why is it that Dumont had had so many problems with PSE&G getting our payments credited to our account during 2004? 

•     The Mayor insisted that PSE&G provide the Borough with a full account run for the past 2 years so that the Borough can analyze and cross reference each and every one of our recorded payments to verify that they have each been properly credited to our account. 

•     The Mayor also stated that given the evidence of all the PSE&G check payments for 2004, how did most, if not all, of these payments somehow fail to be accounted for by PSE&G making it appear as if it was our failure to pay these amounts.

READ PSE&G'S RESPONSE EMAIL TO FRANK DeROSA ON FEBRUARY 28, 2005

VIEW LISTING OF CLEARED CHECKS THAT PSE&G SUPPOSEDLY NEVER RECEIVED