First is the copy from Guilds Hollowell which was presented to the Council at their August 24th meeting. It is entitled "Category Summary Report"

Category		1/1/05 - 12/21/05
INFLOWS
Proceeds from Bank Loan	$ 63,418.59
Town of Millinocket	30,000.00
TOTAL INFLOWS		$ 93,418.59
OUTFLOWS
Architect		$14,360.06
Bank charge		1,204.48
Cash		200.00
Contractor		62,500.00
Cost of Goods:
Materials	900.00
TOTAL COST OF GOODS		900.00
Entertainment		328.75
Exhibit Fee		350.00
Fundraising		296.00
Loan Repayment		5,000.00
Material		1,783.25
Mortgage Interest		5,474.05
Reimbursement		550.00
Supplies		144.90
Gas & Electric	843.58
Telephone	290.00
Total Utilities		1,133.58
TOTAL OUTFLOWS		94,225.07
NET INFLOWS/ OUTFLOWS		- 806.48

Next is information taken from a back article submitted August 3rd of last year to the Magic City Morning Star and authored by Ed Greenblatt who at the time was serving as the KCC fundraising coordinator.

Labor	$ 41,500
Disposal Fees	2,600.00
Material	5,000.00
Asbestos Removal	7,800.00
Temporary Electricity	1,200.00
Rental Equipment	2,100.00
Environment Permits	205.00
Engineering Services	14,500.00
Two Skylights	1,500.00
July 4th Activities	750.00
Building (Purchase)	50,000.00
TOTAL	$127,155.00

And according to the article they still had $31,000.00 left in cash.

On the plus side there is mention of $30,000.00 from Millinocket; a construction loan of $120,000.00 from BSB and LLC (not non-profit) member pledges for $50,000.00. Guess we still don't know if the Cultural Center is an LLC or a non-profit organization, either that or "they" can't quite make up their mind.

Also listed on Greenblatt's accounting is a committment from their contractor of $120,000.00 to build a new roof, install the heatring and ventilation system and to wire the building for electricity. Has anyone seen these things occur?

Now for a few more questions!

Mr. Hollowell lists "proceeds from Bank Loan" as $63,418.59. Curiously on the KCC web site he listed a loan of $200,000.00, then later corrected it to $120,000.00. Now is would appear to be $63,418.59? Any thoughts?

Then there are discrepancies in the contractor's expenses; and what about the $50,000.00 for the building itself which Tom St. John, the previous owner claimed in a Community Press article had not been received?

With all this money at stake one would think "they" could keep their figures straight. Instead it would seem "something is rotten in Millinocket" especially when it concerns the KCC and some investigation should take place, after all, some of this money come from the tax-payers.

Do we dare say it looks as though someone is lying or shall we just call it "creative accounting" and perhaps "stretching the truth"?