Recent Blogs

Wimpy Wasp Video Preview

FOLLOW THE MONEY!

In 2005, Hoboken contracted with an outside accounting firm to manage the City's financial records at a cost of $300,000 per year. During the past three years, the City has spent almost a million dollars for outside accounting services which were previously the responsibility of the CFO and Finance Department employees.

The outside firm was brought in to enhance the overall efficiency of the City's accounting system and, if all went well, the City would move to privatize Finance Department after a one year trail period.

But the promise of readily available financial data, the competence to make decisions, and the ability to detect and correct problems throughout the budget year all fell apart when the recent audit found a serious lack of cash controls and the failure of the City's daily accounting system to detect millions of dollars in declining anticipated cash collections.

Watch this short video as Hoboken 4th Ward Councilwomen Dawn Zimmer questions City CFO George Destefano about his daily duties in the Hoboken Finance Department as he worked along side the private accounting firm.

Wimpy Wasp Video Preview

Councilman asks.... Is a million bucks in cash, [that's FOUR MILLION quarters weighing almost 50,000 pounds], missing from the Hoboken Parking Utility "parking meter" collections revenue?

The town was buzzing when at the Hoboken City Council FY2008 Budget Hearing, December 6, 2007, Third Ward Councilman Michael Russo, who also serves as Chairman of the City's Finance Committee, asked if there was one million dollars missing in "parking meter" cash revenues. Russo reversed himself at the December 19, 2007 meeting by saying he made a mistake.

At the February 6, 2008 City Council meeting, the topic of discussion was the recently received FY2007 (July 1, 2006 - June 30, 2007) budget audit which was seven months late. Fifth Ward Councilman Peter Cunningham's reaction to the audit report comments on the City's control of cash was "For God sake, clearly, this audit indicates that we have got money going out the back door and something needs to be done about it."

API Breaking News

Recent Articles

White Writer Predicts Obama Victory

In 1967, America was filled with the same hope of change that it is now feeling in 2008 Forty-one years ago, Cleveland was on the verge of electing the first African American mayor of a major U

Who Should Have Barack's Back?

Now that the dust has settled on Barack Obama's historic nomination as the Democratic candidate for the presidency, an equally important challenge presents itself Who should Obama choose as his running mate for the November election

What did you expect, Forrest?

What did you expect, Forrest?

July 10, 2008 NJVoices: Thurman Hart

"Stupid is as stupid does, that's what my mama always said."

I just don't know of anything that characterizes John Corea's "relationship" with the City of Hoboken better than that. At this point, he is a "figure in the investigation" of more than a half million dollars that just can't be found. Because, you know, that kind of money is usually left laying about in discarded Shop-Rite bags.

All other things being what they are, the best predictor of future behavior is past performance. And Corea's past performance has been less than stellar. It seems that when Corea worked at the NY Stock Exchange, he developed a habit of buying stocks with other people's money and then leaving them holding the bag - and the bill - when the stocks went sour.

Gaza Strip’s Plight

A great number of men, women and children in the Gaza Strip live in one of the most chaotic environments on Earth The escalating violence between warring political factions such as the Palestinians and Israelis has caused many to doubt the prospect of a peaceful state

Bi-Party Tickets Totally Senseless

I receive a daily news feed from Salon, and for the past two days I have received articles about Obama-Hagel and McCain-Lieberman unity tickets I have just three words for those who believe such events will happen: it ain't happening

Panama: The Government

The government of Panama follows the patterns of presidential representative with three branches: the executive, legislative, and judiciary The executive is elected by popular election vote exercise the senior’s citizens for a period 5

Quantrill’s Massacre of Lawrence

The Lawrence Massacre took place on August 21, 1863 during the American Civil War It was perpetrated by William Clarke Quantrill and his guerilla raiders

Oil Drilling and the Election

So you think the politicians are pushing the Offshore Drilling idea because it is something that will make the price of gas go down I guess you also believed that in the 2004 election, that this Administration was going to do something about Gay Marriage

Ed Mecka's daughter is a smartie pants

Ed Mecka's daughter is a smartie pants

Saturday June 28, 2008, 11:16 AM
by Carly - Hoboken Now NJ.COM

Ever read EdMecka.com? It's a well-respected insider's Hoboken political blog, written by the eponymous Mr. Ed Mecka himself.

And this isn't exactly breaking news, but Ed's daughter, Lauren Mecka, e-mailed Hoboken Now to announce that she was recently inducted into the National Society of High School Scholars, recognition given to high school students who have achieved academic excellence. (Inductees into the National Society of High School Scholars are chosen by the Nobel family -- yeah, that Nobel family.)

Lauren is a student at the Hudson School in Hoboken. Congratulations, Lauren! Dad must be proud :-)

And check out what Lauren thinks about Hoboken's pooper scooper laws.

No articles found.

Recent News

Hoboken to hire 15 new cops tomorrow

Hoboken to hire 15 new cops tomorrow

Tuesday January 22, 2008, Jersey Journal

Fifteen new cops will be sworn in tomorrow in an official ceremony at City Hall, said Public Safety Director Bill Bergin today.

At tomorrow's ceremony, 15 civilians will be sworn in as new patrolmen, five patrolmen will be promoted to sergeant and two sergeants will be promoted to rank of lieutenant.

Despite Hoboken's budget problems, Bergin says the city can afford to hire new cops as long as they don't exceed numbers allotted in the city's Table of Organization. Even with the 15 new hires, Bergin says the Hoboken Police Department is still short of patrolmen.

With tomorrow's promotions, there will be about 105 patrolmen and 33 sergeants in the Hoboken PD. There can be a maximum of 120 patrolmen on the force, said Bergin.

The new salaries and pay raises are already part of Hoboken's 2008 municipal budget, said Bergin.

Exactly how much do Hoboken cops make? Here's a salary breakdown:

The starting salary for a brand-new patrolman is about $34,000/year. It takes a patrolman seven years to reach the maximum police officer salary of $80,000/year, said Bergin.

The starting pay for a sergeant is $93,000/year and the starting pay for a lieutenant is $106,000/year. However, during their first year of their new position, sergeants and lieutenant will only receive $2,000 more than their old salary.

The ceremony will be Wednesday, Jan. 23 at 4 p.m. in City Council chambers of City Hall.

» Read More

Mayor seeks resumes St. Mary Hospital Board of Advisors

Erratic behavior?

Mayor David Roberts is inviting residents interested in the future of St. Mary Hospital to submit resumes to serve as community representatives on its Board of Advisors.  » Read More

Mayor Tom Vezzetti

They Just Don't Make'Em
Like They Use To....

» Read More

Automated Parking Garage 08/04/2006 The GOOD, The BAD, and The UGLY

The GOOD, The BAD, and The UGLY reports on Hoboken's 916 Garden Street Automated Parking Garage fiasco.

» Read More

Déjà vu for the Democratic Party?

It is often said that history repeats itself.  That said, will New Jersey Governor Jon Corzine’s  recent state sales tax increases lead to a taxpayer backlash in the upcoming November elections?

» Read More
View News Archive