Key Issues:
The fiscal management of our community remains stuck in time with outdated thinking, processes and tools. The current fiscal situation is unsustainable and we simply can’t tax our way out of the problems. The problems have been brewing for many years (and even decades) under failed leadership. Kicking the can down the road is no longer an option. Key issues include:
Pension Debt
Health Care Costs
Unsustainable Union Contracts
Road Department Deficit
Water & Sewer Rates
Recommendations to improvement Fiscal Management:
Expand audit to include all funds (Water & Sewer, Safety Path, etc)
Require an annual report for the Senior Center and every department.
Develop detailed Capital Spending plan.
Develop 3 Year Budget Plan
Review budget, spending and balance in the Capital Improvement Fund.
Require an Annual Report for the Senior Center and every department.
Eliminate “petty cash” payments and complete a full review of all corporate credit card spending.
Track spending in more detail. Develop more detailed account structure under the General Ledger and require that all spending (including every line item from “payroll and vouchers”) be attributed to specific accounts at the lowest level of detail. Make all detail downloadable.
Eliminate or reduce spending for travel, food, meals and entertainment.