Press-Republican

Local News

February 4, 2013

Seized-fund losses would hurt city

(Continued)

Because forfeitures usually involve state and federal law-enforcement units, it takes time for requests for asset disbursements to be processed.

Racicot said he is still waiting to learn when the funds from cases dating back to 2005 will be released. No assets can be disbursed until all of the parties involved in the major bust have had their criminal cases resolved, which can take years.

The chief said he has spent asset money as wisely as he can.

“We’re using it for training and equipment to increase our expertise that allows us to continue drug investigations. If asset-forfeiture funds dried up, the department and the community would be hurt.”

Email Denise A. Raymo: draymo@pressrepublican.com

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