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Friday, August 24, 2012

The odd case of Superintendent Ed Pratt-Dannals financial disclosures

In 2009 the superintendent reported an income of 278,000 dollars and a net worth of 759,200 dollars

In 2010 the superintendent reported an income of 275,000 dollars and a net worth of 759,200 dollars.

In 2011 the superintendent reported an income of 275,000 dollars and a net worth of 759,200 dollars.

The amount of his mortgage went from 58,000 dollars to 51 thousand dollars over that three year period too. To give you some scale I paid 8,400 dollars in rent last year alone.

So let me get this straight, in a three year period he made 823,000 dollars and his net worth didn’t change one iota.

Financial disclosure sheets are supposed to be accurate representations of
what our public official make and where not a tax or mortgage expert something seems really strange about above.

Going back a few years it seems like he was doing a lot better financially before he got his 130,000 dollar raise in 08 because back then he reported his net worth at 806,000 dollars.

Odd to say the least

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