The Pro­gres­sive De­mo­c­ra­t­ic Pa­tri­ots (PDP) run To­ba­go House of As­sem­bly (THA) will have $1.78 bil­lion from Jan­u­ary to Sep­tem­ber 2022 and no short­age of funds.

PNM To­ba­go Coun­cil vice-chair­man De­on Isaac con­firmed this on Mon­day.

He added: “So they have mon­ey.”

Com­plaints by THA Chief Sec­re­tary Far­ley Au­gus­tine about the in­abil­i­ty to find the mon­ey was among is­sues the PNM To­ba­go unit spoke about yes­ter­day.

Isaac said there is mon­ey and what would have hap­pened that the Fi­nance Di­vi­sion didn’t do all of their bank rec­on­cil­i­a­tion and as a re­sult, the Di­vi­sion wasn’t able to trans­fer all of the funds to the Con­tin­gency Fund hence a low bal­ance was re­flect­ed then.

He said, “But at the start of the first quar­ter in Oc­to­ber, Gov­ern­ment would have re­leased $538mil­lion and there is still a bal­ance of $1.78 bil­lion for the sec­ond phase ahead– Jan­u­ary to Sep­tem­ber 2022. So they have mon­ey to get, I don’t see what their hul­la­baloo is about.”

For­mer THA chief sec­re­tary An­cil Den­nis al­so agreed say­ing that the THA had got­ten its fund­ing for the first quar­ter– $538mil­lion–- and its funds for the rest of the fis­cal year are in­tact for re­lease.

Isaac said the unit will do its post mortem by month-end on the re­cent De­cem­ber 6 THA elec­tions which the PDP won 14 to PNM’s one seat.

That ses­sion will al­so look at plan­ning for the elec­tion of of­fi­cers whose two-year term ends in 2022.

Some posts on the ex­ec­u­tive are four-year posts– lead­er­ship, chair­man, vice chair­man, gen­er­al sec­re­tary and oth­ers are two-year posts.

For­mer chair­man Stan­ford Cal­len­dar re­signed re­cent­ly.

Three oth­er ex­ec­u­tive mem­bers, who al­so re­signed had two-year posts. It’s ex­pect­ed those va­can­cies will be filled when elec­tions for the two-year post are held in 2022.

PNM mem­bers al­so paid trib­ute to Cal­len­dar who served more than 30 years.

Elec­tions for leader and oth­er four-year posts will be in 2024.