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City Council's rejection of transfers force a 2021 budget deficit

City Council's rejection of transfers force a 2021 budget deficit
heraldnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from heraldnews.com Daily Mail and Mail on Sunday newspapers.

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Fall River Council President Cliff Ponte challenges Coogan for mayor

FALL RIVER Local businessman and three-term City Councilor Cliff Ponte announced on Wednesday his bid for mayor in the upcoming November citywide election.
Ponte, 32, the Council president, is challenging first-term incumbent Mayor Paul Coogan, 68, who also returned his nomination papers Wednesday.
Ponte made his announcement from his restaurant, Almac’s Diner, after stopping at Government Center’s elections office to pick up his nomination papers.
Ponte sat down with
The Herald News on Tuesday ahead of the announcement to discuss why he’s seeking the office of mayor and why now.
“We’re at a point in this community where we’re at a crossroads. We have two roads we can go down as a community. We can go down an indecisive road that really has a lack of planning and long-term strategic plans. Or we can go down another road that is quite bright and has strategic planning in place and looks at ways we can relieve the taxpaye ....

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Fall River police comp time overused, millions in unfunded liability

FALL RIVER The Fall River Police Department has more than $3.2 million in unfunded liability in police officers comp time, due to years of collective bargaining agreements and past practice obligations often during some of the city s fiscally leanest times.
And according to a recently completed outside audit by a Boston-based police consulting firm, nearly $1.48 million accounts for time owed to police personnel that exceeds a federally mandated cap of 480 hours of accumulated comp time per officer.
Those findings were the focus of a report completed and submitted to Mayor Paul Coogan and Fall River Police Chief Jeffrey Cardoza last month. It will be presented to the City Council on June 22, and the report was authored by The Edward Davis Company, owned by former Boston police commissioner by the same name. ....

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Fall River finally fills long-vacant city administrator position

After 18-months of vacancy, Mayor Paul Coogan has hired interim city administrator Tim McCoy. ....

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Jasiel Correia guilty of fraud, conspiracy, extortion

The verdict with regard to each count is as follows:
Count A: Wire Fraud. Processing Dr. David Cabeceiras’ $6,000 check to SnoOwl. GUILTY
Count B: Wire Fraud. Email Correia to Mark Eisenberg with business plan. GUILTY
Count C: Wire Fraud. Email Correia to Eisenberg with equity stake agreement. GUILTY
Count D: Wire Fraud. Processing Eisenberg’s $25,000 investment check. GUILTY
Count E: Wire Fraud. Processing Victor Martinez’s $25,000 investment check. GUILTY
Count F: Wire Fraud. Email from Correia to Martinez regarding signed investor agreement. GUILTY Count G: Wire Fraud.
Count G: Processing Steven Millier’s $20,000 investment check. GUILTY
Count H: Wire Fraud. Processing another Cabeceiras $5,000 investment check. GUILTY   ....

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