Holmdel Library Foundation Spent $24,000 in Legal Fees due to NJ Attorney General Inquiry

HOLMDEL, NJ - During the recent meeting of the Holmdel Township Committee, a resident focused public comment on the Holmdel Library Foundation. The questions were not about reading books, however. She asked about the financial books for the fundraising arm of the library. 

During the public meeting on November 12, local resident Barbara Singer (and recent Democrat Assembly candidate) asked questions in regard to the finances of the Holmdel Library Foundation. She stated that she had been trying to determine the status of the finances from the governing body for some time. Specifically, she and others were trying to find out how much was raised and how much was spent. Not able to obtain answers, she went to the NJ Attorney General’s Office. 

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“I think everybody should be on the same page.  Many months ago due to the stonewalling I got here, I did request the State Attorney General’s Office to investigate the foundation. They took up the investigation. It’s been going on for several months. While I have been here (at the meetings of the governing body) since then, I am getting responses, particularly from Mr. (Committeeman Greg) Buontempo that I knew to be untrue.”

Buontempo disagreed with her statements. “This entire claiming of any impropriety is completely false.” He also shared that the Township Committee did not have anything to do with the Foundation. “I believe they have a 501c3 that they operate under. It has nothing to do with the township. Any event that they handle was run specifically by that organization. I think you are aware of that. What they do is completely autonomous from the Township Committee.” stated Buontempo,

Buontempo’s spouse, Ann Marie Buontempo, spoke after Singer. She is a Trustee for the Foundation. “In regard to what Mrs. Singer said, my husband has nothing to do with the Holmdel Library Foundation. I don’t speak to him about it. I have a separate computer for it. I have a separate printer for it. I have separate records for it. I have it locked under key. Everything is separate. Thanks to Mrs. Singer going to the (New Jersey) Attorney General’s Office we have had to spend over $24,000 in legal fees. That will be directly coming out of what was raised.” 

The video of the segment can be viewed in its entirety at at minute 22:00 below (courtesy of CILU):



The Holmdel Library is part of the Monmouth County Library System and is funded by a dedicated library tax. You can visit the library website HERE. The next meeting of the Holmdel Township Committee was canceled for Tuesday November 26th. They meet again in December.