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“Tiger Team” its Charge and its Members

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“Tiger Team” its Charge and its Members

Ridgewood NJ, In July 2012, incoming Ridgewood Mayor, Paul Aronsohn, and the Village Council asked 12 Ridgewood residents with varied backgrounds and expertise to serve on a temporary Financial Advisory Committee (informally known as the “Tiger Team”). The committee members included local business and commercial property owners, consultants, finance executives, accountants, lawyers and life-long Village residents. The Mayor told the members ofthe Financial Advisory Committee, “I believe we live in a community of smart people, many of whom have finance experience. Thus, the Council and the community as a whole could benefit from (resìdents’) experience.” To that end, he outlined a specific 90-day mandate with a simple goal…to fix the Village budget and reform Village government.”

The committee was instructed to:

– Identify cost-cutting opportunities
– Identify non~tax related revenue enhancements
~ Identify structural fixes to the budget and (Village) organization and enhance the residents’ value of service provided for taxes paid
– Identify related Central Business District enhancements

The financial Advisory Committee was to be “completely independent and organized as its members saw fit.” We were given access to members of Village management, several years of budget documents and all collective bargaining agreements. The committee was asked to “produce a document with recommendations in time for the 2013 budget, regardless of whether consensus is achieved.” Finally, the team was asked to decide on its preferred means for sharing its final recommendations with the Village Council and then disband.

The Members of the 2012 Financial Advisory Committee (alphabetically)

Rich Barclay
Bayard DeI\/Iallie
Ed Feldsott
Nancy Johansen
Charlie Kime
John Maxwell
Jim McCarthy
David Sabath
Jim Schimmei
Fran Shovlìn
Roberta Sonenfeld
Bob Zeller

Editors Note : On first glance  it looks like they did a great job putting together a well thought out report , without commenting on the specifics , I see a lot of things that have been talked about on this blog , since the beginning of time .  PJ

https://mods.ridgewoodnj.net/pdf/manager/2013FinancialAdvisoryReportFINAL.pdf

6 thoughts on ““Tiger Team” its Charge and its Members

  1. Thanks for the connecting LINK to the report… It was a little easier to use.

  2. good go after the fire and police dept’s. they make all the money.

  3. There are some smart people who have accounting/financial backgrounds and are involved in Ridgewood on that committee. Looks like a good group. Hope they are listend to.

  4. Good group? Mr. Demaille was banned from coaching kids in Ridgewood. All kinds of stories as to why.

  5. Was it because he didn’t kiss Pounds @#s?

  6. well this group need’s to go after the top brass, end of the story. way over paid.

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