LOS ANGELES (CBS) — Longtime hidden bank accounts are becoming a popular trend in the city of Montebello.

City officials say they’ve discovered a second off-the-books account that once held nearly $1 million in public funds, but now has only $5,000.

Christina Cortez, a Montebello city council member tells KNX 1070 there’s a very troubling aspect to this new development.

Cortez says she’s “completely caught off-guard” by the newly-found funds and that somebody at City Hall likely received monthly statements concerning the account.

The discovery comes just weeks after =officials uncovered another off-the-books account that once contained close to $250,000.

Despite news of the stashed cash, the city of Montebello struggles to close a major budget deficit that could force deep service cuts and layoffs.

(©2010 CBS Local Media, a division of CBS Radio Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. Wire services contributed to this report.)

Comments (6)
  1. Early Ardmore says:

    “Government is a broker in pillage, and every election is a sort of advance auction in stolen goods.” ~ H. L. Mencken


  2. blu says:

    Some current and/or former staff are pooping in their pants about now!!!

  3. Gave up on human race says:

    Human garbage, take them out back and hang them !! if their willing to steal from kids their not worth saving..

  4. Jim says:

    Every city needs to be audited by an outside source. Long Beach, Santa Monica, Lynwood, Hermosa Beach……all of them. There’s a lot of dirt to be found.

  5. TT says:

    With things like this going on, I dont understand how anybody should be surprised that we are broke….. Seems pretty obvious why………

  6. David Miranda says:

    Mayor Barajas in hiding. Former Mayor Molinari who’s been on the council for 25 years is doing his usual political spin trying to say “there’s no evidence of wrongdoing.” Well Mr. Molinari, what do you call an “off the books” account kept hidden from the public like a typical slush fund?

    The questions to ask Barajas and Molinari are what did you know, when did you know it, what are you doing about it, and if you didn’t know, YOU SHOULD HAVE!

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