MONTROSE — In the months since imposing strict oversight measures that spurred allegations of embezzlement, the weekly Montrose farmers market has brought in more money so far than was expected for the entire year, according to a recent budget report.
As of March 3, the market had brought in an average of roughly $600 per week and was forecast to lose $52,000 this year. Three months later, reported revenues jumped more than 500% to an average of $4,000 each week, according to a fiscal report prepared by the Montrose Shopping Park Assn., which operates the market.
The Sunday Harvest Market is now on track to make a $30,000 profit after years of operating in the red.
The spike in revenue comes as Glendale police investigate allegations that former City Councilman John Drayman — a key organizer of the market until recently — embezzled money from the association.
Glendale police, who served a search warrant on Drayman's condominium May 17, have declined to comment on the investigation, as has the former councilman.