>It’s Your Town – Newsletter Volume 3, Issues 6- 3/21/11; The Mayor Explains The "Bonus"

>This edition of the It’s Your Town Newsletter contains information about the March 21,2011 Middletown Township NJ Committee meeting. The meeting was short, lasting a little more than an hour. After Committee comments only two members of the public addressed concerns to the Committee.

Items that were spoken about include the transfer of surplus funds from the Middletown Library to the Township for the purpose of tax relief and the giving of a $15,000 bonus to the Township Tax Assessor Charles Heck, that Mayor Fiore later categorized as a stipend, for his work preparing for the township wide reassessment.

Here is a small excerpt from the newsletter that contains Mayor Fiore’s explanation of the bonus to Tax Assessor Heck:

…Mr. Fiore said in respect to the bonus of $15K to the Tax Assessor, Mr. Heck and the $5K bonus to the Assistant Assessor is very simple. He said the Township Committee reached a consensus and agreed that since Mr. Heck saved the Township $50K by doing some of the work Reality Appraisal was contracted to do he deserves the bonus. He said the Committee had the same consensus last year and that in order to spend $20K to save $50K, that is a pretty good spend when it is a net savings of $30K for the Township. He said that was not a bonus, but a stipend for the additional services by taking on more responsibility with the reassessment. Mr. Grenafege said that he and Mr. Fiore both worked in corporate environments and this is considered a bonus…

You can read the full Newsletter >>> Here

1 Comment

Filed under bonuses, Charles Heck, Its Your Town, Middletown Library, Middletown NJ, Middletown Township Committee, Newsletter, stipend, surplus funds, tax assessor, Tony Fiore

One response to “>It’s Your Town – Newsletter Volume 3, Issues 6- 3/21/11; The Mayor Explains The "Bonus"

  1. >Fiore is just like Scharfenberger….If BS was money,they'd both be rich!!!

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