Englewood Mayor Frank Huttle III Releases Mayor’s Commission on Budget and Finance Report
ENGLEWOOD, NJ – Mayor Frank Huttle III today released the Commission’s Report on the City’s budget and fiscal situation, stressing that the City faces the worst economic recession seen in over 70 years and urging the City Council and City Manager to make drastic changes to the way municipal government is financed in order to get Englewood back on a sound fiscal footing.
“For years, politicians have painted an unrealistically rosy picture to our residents of the City’s financial situation while kicking the can down the road, exacerbating an already bad fiscal environment,” said Mayor Huttle. “Unfortunately, we have come to the end of that road. Revenues have declined, costs have risen and state aid has become all but nonexistent.”
Mayor Huttle pointed to skyrocketing labor and healthcare costs as the main culprit in the City’s deteriorating financial situation and urged a move towards realistic compensation, shared services and long-term fiscal planning to improve conditions.
“Labor costs are crippling our City budget, diverting resources away from vital municipal services,” Mayor Huttle concluded. “The unavoidable truth is this: the old ways of doing business are unsustainable. We now have no other option than to do things differently and responsibly, budgeting for long-term health — not just for any given year. Sound planning leads to sound policies and I am committed to restoring financial health and balance to our municipal government. I urge the City Council, City Manager, our department heads and our public employee unions to join me in preserving our sustainable future together by implementing the recommendations of this Commission.”
Please click here to access a copy of the Commission’s Report. Hard copies of the Report are available at City Hall.