Nutley needs to rein in spending to bring much needed relief to our homeowners. Too many senior citizens and families are struggling to keep up with the ever-growing burden of property taxes. Many people say that is not possible to lower and/or stabilize taxes and that it is a New Jersey problem. However, I say that it is possible if we implement some simple practices such as the ones listed below.
Implement Zero-Based Budgeting
Zero-based budgeting is a method of budgeting in which the budget starts at zero. Expenses will only be added into the budget if the expenditure is deemed as needed and if it is a wise and effective use of taxpayer money. By implementing this practice, we can ensure that any wasteful and unneeded spending is eliminated.
Explore Shared Service Agreements
Current trends in government have shown that shared service agreements can go a long way in saving taxpayers money. We should explore any and all avenues to implement shared service agreements. This entails looking for areas in which we can consolidate services across departments, with our Board of Education or with neighboring towns. This will allow for cost savings in not having redundant and/or idle resources.
Get out of the real estate business
We need to immediately put the Ciccolini property up for sale.
This property was purchased in 2016 for 3.5 million dollars. The property has been little used. The building has not been maintained and is now an eye sore. We would use the proceeds of the sale to pay off any debt associated with the purchase. Anything left over would be used to help fund operations of our municipality. This action would add this property back as a ratable.
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