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

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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. To recap, we’re now 84 days since the takeover was announced. What’s happened? A property tax hike and a lot of rumors that police and fire jobs will be lost. Pretty sure everyone living in Atlantic City could find a better use for that $1.56 million. If you want to tell us how you would have spent that money, get in touch here and we’ll write a piece compiling all the answers and send it to the state.

Tax Credits
There is a move afoot in the legislature to extend a tax credits program to incentivize development in low- and moderate-income neighborhoods in Atlantic City. You can read about it in detail here, via The Press of Atlantic City. The bill is sponsored by Assemblyman Vince Mazzeo, D-Atlantic. The tax credits under consideration already apply to some other New Jersey cities that get significant state aid but the program does not currently exist in Atlantic City.

Atlantic County Women
Guess which county in New Jersey has the fewest women representatives? Yup, as Matt Friedman of Politico pointed out yesterday on Twitter, it is also the county that elected freeholder John Carman, that guy who made the joke about the women’s marchers being home in time to cook him dinner (he did, belatedly, apologize). Ah, Atlantic County in 2017. We clearly need to start cloning Mays Landing’s Amy Gatto and Somers Point’s Maureen Kern and their municipal counterparts.

I missed it, but a couple of days ago NJ Biz wrote an oped titled, “Quit complaining South Jersey. It’s getting old“. Now, Val Traore, chief executive of The Food Bank of South Jersey has written a brilliant rebuttal – read it here.

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The rest of today’s headlines include articles on Somers Point Mayor Jack Glasser standing for Atlantic County Sheriff, a local effort to help the homeless that is getting state-wide attention and some great Pinelands photography. All that and more below:

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