An unlikely savior
There is no mistaking that a certain portion of the Teaneck electorate is energized by the new Council's zeal for seeking ways to reduce the homeowner tax burden. A steady stream of letters to the Suburbanite has acclaimed the vision of the Council and its performance over the past few months. A few residents have sought to contrast the outlook of the current leadership with that exhibited during the tenure of former Mayor Kates, claiming that the past few years represented a lost opportunity to tackle long festering problems and expressing relief that things appear to be changing.
While not caught up in the whirlwind of excitement, I can acknowledge that things are looking up in Teaneck. Change is in the air, and the dynamism of the young Council is certainly a welcome change from the plodding ways of its lame duck predecessor. For all the zeal and eager anticipation of great things to come, however, it is worth remembering that the most important deliberations on Teaneck's financial future are taking place not in the Municipal Building, but in Trenton.
To that end, the proposals emerging from the special joint legislative committees on property taxes may mean far more to Teaneck taxpayers in the long run than a mixed use development here or a parking deck there, even if the Council succeeds in moving these ideas from concept to reality. That's not to say that sensible development to boost ratables is a waste of time. It should be pursued aggressively, but with a complete understanding of its limited benefits given the constraints on Teaneck. The real savings can only come from the expenditure side.
That's why I'm saving my excitement (and eventual disappointment, probably) for the potentially transformational proposals under consideration by the Committee on Government Consolidation and Shared Services, as reported on today in the Star-Ledger.
Take, for example, the proposed consolidation of school district bureaucracy and infrastructure. The potential savings for Teaneck are tremendous. As a very rough indication, if Teaneck's per pupil spending on administration were just cut to the current state average, we'd have the equivalent of a ratable worth about $1 million per year. Cut per pupil spending on school maintenance to only 25% above the statewide average (instead of 36% above) and there's another $600k ratable right there. Let's see the development planner come up with equivalents of those in short order.
These goals would be quite attainable if they were mandated by Trenton. They are nearly impossible if left to an enthusiastic but largely powerless Council and an unmotivated Board of Education. It's strange to say it, but the best hope for Teaneck is our less than distinguished state government.
7 Comments:
It appears that the Berlin Wall or noose around our neck is now Sen Weinberg.Why she has not used her power in Trenton to bring much needed releif (ie,various grants) is beyond me.
But like the wall things will change.Sen Weinberg will align with
Mayor Katz as well as Gussen , Rudolph,Feit and her good friend Parker. Eveybody likes a winner ,When Loretta sees and feels the NEW vibe in Teaneck gov Jackie and Monica will be trying to flag down the passing bus full of KATZ AND COMPANY enroute to Trenton with our State Senator Finally Leading THE CHARGE for TEANECK.
IF MATTY WAS STILL ALIVE WE WOULD NOT HAVE HAD TO WAIT THIS LONG. (rest in peace,Sen.Feldman)
GO GREYHOUND AND SAVE 1 SEAT
FOR Jamonica (JACKIE KATES AND
MONICA HONIS)
IF A GUY LIKE CORZINE CAN'T DO THE JOB WHO DO WE BRING IN NEXT
WARREN BUFFET !
WE HERE IN TEANECK ARE FINALLY POSITIONED FOR PROGRESS AGAIN. IF PAUL OSTROW WOULD HAVE PASTED THE GAVEL TO KATZ AND NOT TO KATES WE WOULD HAVE BEEN 5 YEARS AHEAD RIGHT NOW
A steady stream of letters to the Suburbanite has acclaimed the vision of the Council and its performance over the past few months. A few residents have sought to contrast the yada yada yada...
Don’t you think there’s something a little, oh I don't know, off the wall about all these letters singing the same gushing praises for some and making the same gratuitously nasty, distorted attacks on Ms. Kates?
A la the Suburbanite, this thread seems to have turned into the usual Bash Jackie trend, most of which seems to be coming from the same keyboard, but I'll try to address the issues in question.
I'm not sure about our blogster's math or sources, but improved efficiency in school spending can be the equivalent of many spectacularly huge new real estate developments, without waiting to hear from a planner to decide where to put the new buildings.
With an enrollment of over 4,000 students in the district, cost efficiences averaging a mere $250 per student can reduce the annual school budget by over $1 million. With a tax rate of $4.66 per $100 in assessed value, Teaneck would have to add brand new equalized rateables of $21.5 million for an equivalent budget savings (assuming that the new development places no additional burdens on the Township for Police, Fire and DPW services, let alone any new school-aged students attending the Teaneck Public Schools). Efficiencies averaging $500 per student would be the equivalent of $43 million in new rateables. Adjust as needed to your own best estimate of potential savings.
My handy-dandy copy of the 2006 Teaneck Municipal Services Guide, lists an increase of just over $18 million in rateables for the year ending October 1, 2005, (see page 13 for the 2005 Assessor's Report, which is unfortunately not yet available online) the equivalent of the addition of approximately $35 million in market rate property (once the Equalization Ratio is taken into account).
And we don't need to pick one OR the other. Teaneck needs to do the thorough analysis on all sides to identify efficiencies to cut spending, new sources of revenue and new development.
Before Teaneck is forced to make draconian cuts imposed by the state or county, we need to do the hard work ourselves. Doing the comparisons and identifying ways to provide a more thorough and more efficient education, will go a long way to achieving the meaningful reductions in the ever-spiraling burdens Teaneck taxpayers have been forced to bear.
Alan Sohn
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