February Program
February 18, 2010
9:00 AM      Continental breakfast
9:30 AM      Legislative Review
10:30 AM    AFS "Nuts and Bolts"
12:00 PM    Lunch (optional)

Crown Plaza
Monroe/Jamesburg
390 Forsgate Drive
Jamesburg, NJ

Legislation and Financial Affairs

A two part program for February: the first part is a discussion of the NJMMA legislative initiative and the second is a "nuts and bolts" discussion on the Annual Financial Statement.  Carol Katz, the Association's Governmental Affairs Representative, will review bills that have been prefiled for the 2010 session that are of direct concern to the Association members. The Associations employed Katz Associates starting last September in anticipation of issues to be raised in the 2009 Lame Duck session. A number of 2008-2009 bills were identified as being of concern and the Association began monitoring these bills which, if enacted, would directly impact on the ability of an Administrator/Manager to manage their municipality or would directly impact on the financial wellbeing and personal liability of Administrators/Managers.

Although none of the bills identified last Fall were enacted, many were prefiled for further consideration in 2010. In addition there is significant movement for further changes in the State's retirement systems and requirements for terminal leave and severance. An index of bills of concern will be provided and discussed. The program will outline those issues that are have been identified as being of potential concern and those prefiled bills which concern these issues. It is important that NJMMA members become involved in this legislative initiative by being aware of these identified concerns, which legislators who are involved, and what actions may be required of the membership if it is necessary to actively oppose some legislation (or to seek amendments to "clarify" the intent or the impact).

The second portion of the meeting will be a discussion of the Annual Financial Statement the implications and interpretation of the financial data, and the tools that can be used to educate the elected officials on this financial information. Members in attendance are urged to bring a copy of their current (or if not available, last years) AFS so that they can follow along on the presentation.

Cost:  Cost: $20 breakfast/coffee

Reservations: Call Tara Lovrich at 732-446-8308 or by e-mail tlovrich@mtnj.org by noon on Tuesday, February 16th.
 

Directions:  NJ Turnpike South to Exit 8A. Stay Left after tolls, go up and around the ramp and after passing under the intersection make an immediate right into the hotel parking lot.

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Right now – mark the third Thursday of each month as “Reserved for NJMMA”. Times and locations as well as topics will be provided in each Newsletter.

• March 18 - Budget and State Update

• April 15

• May 18, 19 & 20 - Spring Conference

• June 17

• July 15

• August 19

• September 16

• October 21

• November - League Conference

• December 9 - Awards Luncheon and Holiday Party.