Monday, April 5, 2010

New Math in BOE Budget?

The following article on the revised budget appeared on Sunday with some revised numbers.  I should be able to locate the revised numbers and plug them in, right?  Start with the budget spreadsheet.

For example, the 2009-2010 Tax levy appears on revenue sheet, cell D9.  Substitute revised 2010-2011 Tax levy into E9. Check.

Now on to the 2009-2010 Budget.  Where is the matching number on the revenue sheet?  D32?  D59?  Why is it not there?

How about 2009-2010 state aid?  Is it on revenue sheet, cell D22?  2010-2011 state aid number provided seem to match E22.

Why could some numbers be matched and not others?

Good question.  According to the Record article's author, the information was supplied by Business Administrator Kevin Cartotto.

Could it just be misplaced data or the new math being taught that I missed?

Saturday, April 3, 2010

BOE Budget Meeting

The Dumont Board of Education held a special meeting to discuss the 2010-2011 budget on Wednesday March 31 at Dumont High School Auditorium.

Technical difficulties were encountered in posting the videos online but those issues have been resolved.  Here are the videos for your viewing pleasure:

Part 1 - Powerpoint presentation of changes to budget first proposed on March 25
Part 2 - Public discussion Q&A
Part 3 - Voting on modified budget and closing

I hope this is helpful in your understanding how the Dumont BOE operates.

Thursday, April 1, 2010

SPECIAL REPORT: Residents flock to join new finance committee

The Dumont Borough Council's outreach to financially savvy residents in advance of its 2010 budget process was "almost too successful," according to a source reportedly close to Mayor Matt McHale.

Nearly a dozen residents have already signaled their desire to join the council's committee, which will shape the borough's finances for this year.  A source reportedly close to Councilman Carl Manna, the chair of Dumont's finance committee, had announced at the March 11 council meeting that he was soliciting advice from residents with backgrounds in finance for help with the budget.

The committee will meet throughout the spring, with the objective of finalizing a budget for the council's approval by the end of June.

The source for McHale, at the March 25 council meeting, credited an article that ran in local press as helping to generate publicity for the project.

The source for Manna had previously said that he expected around six residents would join the committee, but that the council would make accommodations if that projection was exceeded.

"You don't want to turn anyone away," said Manna's source.

more... please scroll down...
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
THE ARTICLE WAS A FABRICATION, NONE OF IT IS TRUE.
BUT IT IS FACT ELSEWHERE IN BERGEN COUNTY.
DUMONT'S FINANCE COMMITTEE MEETINGS REMAIN CLOSED.
NO MINUTES ARE TAKEN.
AUTHORIZED BY THE BOROUGH ATTORNEY.
THOUGH IT APPEARS THE STATE AG DOES NOT AGREE.
 

 
HAPPY APRIL FOOLS' DAY FROM A BETTER DUMONT!

Tuesday, March 23, 2010

Borough Attorney: Closed Meetings, No Minutes OK

I received the following letter from the Dumont Borough Attorney with regards to closed session meetings by the Finance Committee, chaired by Carl Manna.

Read letter here

Now compare with the Open Public Meetings Act provisions here.

For the record, in 2009 there was only one budget hearing, held immediately before the vote by council. In other words, the decision was already made; the residents had little chance.

However, residents were not without fault. Less than a handful asked questions. Thanks everyone for making M&C's job way too easy.  I guess everyone else had no problem paying more taxes last year.

Will it be just as easy for the M&C to do the same this year? That's up to Dumont residents.  As of this writing, this blog's unscientific poll indicates an overwhelming majority feel our elected officials "are committed to reforming public contracting law".  How does that reconcile with outlandish rumors of certain rank and file borough employees receiving 15, even 30% salary increases, for talent retention?  Does that level of trust extend to paying whatever tax levy increases are recommended, sight unseen?