City Solicitor Not Being Upfront and Honest with Citizens about Medford Community Cablevision, Inc.

Past Questions swirl if Rumley’s alleged private business conducted allegedly at Somerville District court and his use of the taxpayer-funded Medford city e mail on the Immaculate Conception Church website was good judgment.

Posted Jul. 23, 2014 at 8:24 AM

MEDFORD

TV3’s president says the station spent all of its savings — more than $130,000 — on operating costs before the now-defunct access station’s Board of Directors voted to dissolve the station last October.

But officials want proof, since Medford Community Cablevision, Inc. (TV3’s legal name) is required to transfer all remaining assets to the city before it dissolves.

TV3’s Board of Directors now has until Thursday, July 24 to produce financial records from the station’s final year or it could face legal action from the city.

Last October, the board voted to dissolve the station following seven months of no broadcasting, allegations of racism and other problems.

Medford officials demand TV3’s financial records

http://medford.wickedlocal.com/article/20140723/NEWS/140729230

Medford officials demand TV3’s financial records

http://medford.wickedlocal.com/article/20140723/NEWS/140729230

According to the review, MCC’s $153,532 in remaining assets as of April 30 were transferred. Jacobson said the figure represents the value of the station’s equipment that was turned over to the city, and the figure does not include any cash.

According to the 990-EZ tax form Pilleri filed with the Internal Revenue Service, MCC had $133,342 in cash, savings and investments on May 1, 2013.

According to Jacobson’s review conducted for MCC, the organization had only $95,555 in expenses for the fiscal year ending April 30, 2014, indicating a positive balance.

Jacobson said he could not discuss the source or MCC’s use of the $133,342 because of privacy reasons.

Pilleri, however, said MCC’s accounts are empty.