Name a town in New Jersey that is run by Democrats that is better managed than Middletown
Not Aberdeen.
Moody’s Investors Services downgraded Aberdeen’s $14.9 million in general obligation debt to A1 from Aa3, citing the Township’s seven year trend of balancing its budget by drawing down reserves and relying on one shot gimmicks.
The Township’s cash reserves were down to only $61,392 at the end of 2011.
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Bridge collapse, water main break, reduces water for 55,000 Monmouth residents
Middletown man arrested for attempted murder of 81 year old female
O’Scanlon: Aberdeen Officials Need to Atone for False, Political Mailing Sent on Taxpayer Dime, Threats to County Officials
Rabid Pitbull May Have Infected Puppies, County Health Department Seeks Info On Cliffwood Pitbull Pups
Old Bridge Man Charged In Aberdeen Shooting
Train service suspended as crews battle blaze in Monmouth County
Fire at Aberdeen warehouse remains under investigation
Rabies confirmed in Aberdeen dog
Monmouth County Launches Flooding Awareness Program
The Arnone Report: History made in Monmouth and $45 million in infrastructure grants
These cities are also no better than Middletown. Notice the trend here with Democratic towns?
Following is a list of New Jersey towns and cities downgraded by Moody’s this year (City, Debt Affected):
Newark, $500.2 million
New Brunswick, $405 million
Trenton, $371 million
Atlantic City, $150.6 million
East Orange, $88.2 million
South Brunswick, $75.1 million
Harrison, $30.7 million
Monroe Township, $30.4 million
East Rutherford, $17.7 million
Manchester, $16.9 million
Berkeley Heights, $10 million
Westfield, $8.85 million
North Haledon, $7.8 million
West Amwell, $6.6 million
Washington, $6.3 million
Seaside Heights, $5.05 million
Roseland, $3.7 million
Wood-Ridge, $3.5 million
Roxbury, $2.9 million
Audubon, $1.2 million
Salem, $772,000
Green Brook, $643,000
Holmdel, $200,000
Carlstadt, $198,000
What?!? Not my Aberdeen! Don’t worry, CME will be fine. The Marlboro and Hazlet Dems will be fine. No worries here.
You would probably have to be tripping on acid or smoking a few joints to try and name one.
Great job, Mayor Fiore and the entire township committee, township administrators, managers and employees.
Mayor Fiore ,the governing body, and his staff have done a job their constituents should be proud of.It is a joint effort and in these tough economic times to have achieved such a high bond rating is not an easy task. Being the mayor of a large municipality I know. It takes a fiscally conservative management team with foresight and the courage to make tough decisions and it is evident Mayor Fiore’s team has those qualities. A tough job well done Mayor!!