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March 19, 2014 THE VILLADOM TIMES I • Page 5
Midland Park
Council wants to revisit 2014 budget proposal
Midland Park Borough Council mem-
bers want to revisit the municipal budget
introduced last month prior to its adoption
on March 27.
Councilman Nick Papapietro said he
does not support the budget in its present
form and suggested additional discussion.
Other council members agreed.
At issue is the amount of money set
aside in the capital budget for the future
purchase of a new pumper for the fire
department. The council puts funds into a
capital reserve account at the end of each
budget year towards the future purchase
of large ticket items so as eliminate or
greatly reduce the amount that has to be
bonded to make the purchase.
The proposed 2014 budget includes a
$150,000 set aside, which Papapietro wants
reduced to $100,000 so as to decrease
the amount to be raised by taxation this
year. The reduction would result in an $18
savings to the proposed tax increase for
municipal purposes only of $110.
“If we reduce the capital budget reserve
by $50,000, we would be keeping the tax
impact lower without using any surplus,”
Papapietro said during last week’s mayor
and council meeting. He noted that in pre-
vious years the set aside has been only
$50,000, so keeping $100,000 is already
a 100 percent increase.
Mayor Patrick “Bud” O’Hagan
explained that previous set asides had
been predicated on a cost of $500,000 to
$600,000 for a new truck. That number
is expected to be considerably higher this
time around, he said, necessitating build-
ing up a larger reserve so as not to incur
large financing costs.
“Given the rising costs, $18 does not
make a big difference . I’d rather put more
money aside for the purchase than go into
greater debt. I am certainly sensitive to
keeping the taxes as low as possible, but
our residents expect us to put funds away
for things that are coming up,” said Coun-
cilman Jack Considine. “And our seniors
are already protected with the tax freeze,”
he added.
Councilwoman Nancy Peet said she’d
rather spread the capital reserve differ-
ently. “We should considerer other needs:
additional sports fields, improvement of
our facilities for youth that seniors can
avail themselves of, the property on High-
wood Avenue,” she said.
“But we should start with public
safety,” said Considine.
O’Hagan noted that cutting the budget
now would have cap implications down
the road, making it difficult to meet
rising mandated costs. He said the auditor
should be consulted before any changes
are made. The mayor said this year the
municipal budget was held to a cap of 1.4
percent, not the 2 percent allowed by state
law. Borough Clerk/Administrator Addie
Hanna said should the council decide to
make changes to the budget before the
public hearing, it could still be adopted
because the line item change would be
less than 10 percent.