Trustee: Southwest Mo. village will survive

LEAWOOD, Mo. (AP) - A Leawood official says the southwest Missouri village isn't in any danger of going bankrupt, even though its bank accounts have been wiped out in an apparent theft.

Village trustee chairman Denis Desmond says there's still more money coming into local coffers than is being spent. Even so, the town brings in only about $70,000 a year in revenues, and there's more than $673,000 in village funds missing.

The town's longtime treasurer, Gene Paul Boyd, is charged with felony stealing of at least $25,000, but investigators say he pilfered at least $325,210 between 2004 and 2008 alone.

Desmond says most of the missing money was earmarked for road maintenance, but there are no short-term projects that need immediate attention.

Boyd's attorney, Daniel Whitworth, says his client remains jailed this afternoon in Newton County on $50,000 cash bond. Whitworth says it's possible that Boyd will be able to get out tomorrow.

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