How Would You Spend $1.56 mln on Atlantic City?

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New Jersey’s Department of Community Affairs (DCA) paid the accounting firm Ernst & Young $1.56 million through September last year to “analyze” Atlantic City’s finances, according to some sleuthing by The Press of Atlantic City’s Christian Hetrick. We are sure that a lot of people in and around Atlantic City have better ideas for how they could use that money. Tell us what you would do with it! We will compile thoughtful suggestions into a post and send it to the DCA. Loading…

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Accountants, Tax Credits, Atlantic County Women – Wednesday’s Roundup

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Accountants
The Press of Atlantic City’s Christian Hetrick wrote a great muck-raking read yesterday, revealing just how much the state has paid an accounting firm (Ernst & Young) for helping it analyse Atlantic City’s finances. E&Y even got a raise last year! Through September, the accountants billed the state $1.56 million for “continued analysis of Atlantic City’s finances and cash flow,” a spokeswoman for New Jersey’s Department of Community Affairs (which is responsible for both the state takeover and the decision to hire E&Y) told Hetrick. What’s still not clear? What exactly the accountants are doing.

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