Wednesday, April 25, 2018

What full funding of school aid would cost - NJ Spotlight

Well, just saw this piece in NJ Spotlight here - 'What would full funding of school aid look like? Add 2.3B to districts.'

It states, 'Given all the debate over what is indeed “full funding” of school aid in New Jersey, the state’s nonpartisan Office of Legislative Services has provided the latest estimate of what every district would receive under the school finance law in the best of circumstances. But beware of sticker shock; the OLS estimates that 70 percent of all districts are underfunded by more than $2.2 billion, if the state were to meet its full obligations under its decade-old law. Meanwhile, the remaining districts are seeing $660 million in aid that exceeds the state formula, leaving a net of $1.5 billion.'

Here's Middlesex County:

Anyhoo, there's something to get your attention.

Tuesday, April 24, 2018

Edison Board of Mythomania unanimously accepts Super O'Malley's Resignation

Well, there's a tad bit of a surprise. What happened to the 4 Votes to Not accept his resignation the first time it came up for a vote when one of the members was absent?

Last night, the board unanimously accepted Super Dr. Richard 'Looking for the Exit Ramp' O'Malley's resignation.

Of course, his resignation isn't effective until June 30, 2019.

Let's hope that the O'Malley supporters on the board aren't looking to the next election with hopes of bringing him back again in this game of Mythomania Lane follies going on here. It's this board's responsibility to deal with the Super's contract and the search for a new Super - it's not their choice to pass it on to the next board.

We should all thank him for his service but say Here's your Hat, What's your Hurry. Difficult to see how hanging around for 14 months after you resign, in a lame duck status, is helpful to anyone.

O'Malley resigned - he even went to the papers to do it. Why would you want to have someone who resigns and does this to hang around for another 14 months?

Seems that wouldn't be beneficial to either the School District or Señor O'Malley and the fair thing to do would be honor his contract and part company as soon as practical.

On another note, seems the 2018-19 School budget will be publicly available tomorrow or Thursday for the May 2, 2018 Budget Hearing with these 'Cap Bank' munchers. There apparently making some last minute changes to reduce the budget.

Not sure what that means - if it's a change that actually results in a savings or just a change that reduces one line of the budget and increases another by the same amount. Will have to see when the budget becomes available.

Anyhoo, let's hope the board has something to say on the status of Señor O'Malley and any plans to search for a new Superintendent.

Saturday, April 21, 2018

Edison Super O'Malley's resignation up for vote - otra vez!

Well, here we go again. On Monday's Public Meeting Agenda are some noteworthy thingies. First and foremost is the vote on accepting Señor O'Malley's resignation, effective June 30, 2019.

Yup, that's right - he's resigning but not until June 30, 2019. Seriously!?! There's a conversation worth having after they vote to accept his resignation.

Section A.23 of the Personnel section contains the resolution:

Also of interest is the resolution to change insurance brokers which they say will save $1 million. That should be an interesting vote. Who on the board wouldn't want to save $1 million for the school district?

Of course, this has to be a real savings to the taxpayers and not the 'saving' as defined by the Board of Mythomania - where they underspend on one line item and just add it back to another line item. So, lets see what happens with this vote.

Finally, if you look at the upcoming meeting in the agenda, you'll find there's a Special Meeting on May 2, 2018 at the Ed Center at 7:00PM on the School Budget for 2018-19. 

Yup, that's right - A Budget Hearing on the $252 million School Budget for 2018-19 with these 'Cap Bank' munchers.

Not for nothing but it would be nice if they put the budget out for public to see and review before the May 2nd meeting. While you may not be able to vote on these budgets anymore, you still have a right to see and review the budget and to make informed comments. Kind of hard to make informed comments if you don't have anything to comment on. But hey, that's no Biggie, right? It's only $252 million of which You Pay 90%!?!

Anyhoo, pay attention to what happens at Monday's meeting over there on Mythomania Lane.

Saturday, March 24, 2018

Edison School Board's 5.66% increase in the Local Tax Levy for 2018-19?!?

The Edison Board of Education, aka Board of Mythomania, Board of EDems, Board of Hoarders, Board of Silence and now self-described as Board of Dysfunction, has sent down to the County Super for approval a 2018-19 School Budget that raises the Local Tax Levy by 5.66%.

Yup.. that's right - a whopping 5.66% increase! Oh.. wait, I forgot, they didn't tell you, did they? No matter, they just need the County Super's approval on the school budget- not yours!

Aren't you glad now that you can't vote on these Bloated Pots of Money they call School Budgets anymore?

Anyhoo, don't forget to give them all a big taxpayer thank you the next time you see them around.

Tuesday, March 20, 2018

Wow! that was a tad bit embarrassing! You gotta watch this meeting.

Looks like the Board of Mythomania can't play nice together. And to think this Board unanimously voted in the Leadership of Shi & Moroney!?!

So, while they went at each other, recognize that three arguable mistakes were made:

1. Super Dr. Richard 'Looking for the Exit Ramp' O'Malley gets by with with a tie vote to accept his resignation with one board member missing (so it fails).

2. He gets a $10k bonus for accomplishing only one of his three goals, and

3. That $251.9 million Bloated Pot of Money they call a school budget with an outrageous increase in the Local Tax Levy goes to the County Super for approval.

To summarize the vote on whether Señor O'Malley should stay:

But hey, it was nice to see Dr. Frank again - he was questioning rumors to dismiss the Super, the BA, the Insurance Broker, the Auditor and the Insurance Agent, questioning the appointment of the new attorney and with all the changes being considered - he's concerned about potential for fraud, corruption, kickbacks and pay to play etc.

He's concerned these things could happen when the Board is taken over by a 5-4 majority and the 4 in the minority are shut-out. Wow!

Guess he forgets that all Edison Boards play the 5-4 Game - Dickinson used it to bring in DiMuzio to replace an ousted Toth and he told Maeroff that when he had 5 votes, he could do what he wants and when he had the 5 votes - he did, Maeroff used it to bring in Señor O'Malley to replace an ousted DiMuzio, Iyer used it to keep him with a Safe-Haven Contract after he was out publicly interviewing for a new gig and he himself used it just to name a few.

It's a Game of 5 - always has been and always will be.

Finally, he wants us to read Edison resident and CPA Joe Petrucelli's book on Fraud. Kudos Joe, you got a plug at the Board of Mythomania action meeting.

And then it was nice to see Ms. Melissa Perilstein, currently part of Mayor Tom 'Now 15.4% but Won't Debate' ChoiLankey's administration - but you remember her from her time on Jun Choi's Council,  and certainly you remember that 'reformer', affectionately known as Jun 'rforme' Choi.

Seems she's concerned about keeping Señor O'Malley for the sake of continuity with all the changes going on and dealing with the Overcrowding. Of course, I don't quite remember her taking exception to the lack of continuity with all the changes Choi and his Council made when they had the majority when he took over. For that matter, the same holds true for Señor Lankey.

So, while I respect her right to make her case for Señor 'Malley, maybe it's wasn't the strongest or best argument she could of made to support keeping Señor O'Malley.

And finally, nice to see Margot Harris (not that it matters but I actually like her) - you remember her, a Former Board member and Former Vice-President of the EDO. She apparently has some strong opinions about Jerry Shi that don't exactly fall into the Hugs & Kisses category. Well, Welcome to the club Margot but that was interesting to watch.  But honestly, don't know how her thoughts about Jerry Shi do anything but make you realize we should of never moved the BoE election to November.

Anyhoo,  'Jerry Shi shut me out' 'this board is dysfunctional' -  surely, the only person finding any of this Board banter in any way beneficial has to be Señor O'Malley. Sad!

Monday, March 19, 2018

Edison Board of Mythomania's $251.9 million Preliminary School Budget for 2018-19 - a particularly disturbing hit to the taxpayers!

You can't tell from this agenda what the 2018-19 Preliminary School budget will mean to you - but it's there. They just don't show you what that page means to your pocketbook.

If you look on page 35 of 39 of tonight's Board of Mythomania's Action Meeting, you'll find the page below. This is the what they're saying they need to budget for the 2018-19 School Year and what they're sending down to the County Super for approval.

Another in a long line of Bloated Pots of Money they call school budgets. And this one is particularly disturbing with the amount of increases to the Local Tax Levy.

From this page, you can determine what the tax rate will be for the 2018-19 School Year.

This one has $pending at a whopping $251.9 million, which is up a whopping $13.7 million or 5.76% over last year's $238.2 million.

Of course, even more disconcerting and unbelievable is the Local tax Levy which is $224.6 million or some $12.0 million or 5.66% up over last year's $212.6 million. Really now, give us a break.

And it throws into the reserves another $1.6 million from the undesignated surplus.

Now, when you convert these numbers to a calendar year basis - you're School Tax Rate is $3.060 per 100, which is up 8.2-cents or 2.77% over last year's $2.978. If you live in that imaginary home assessed at $178,300, then your tax bill will be $5,456 (178,300/100 x $3.060), which is up $147.00 over last year.

If you don't live in that imaginary home you can just take your home's assessed value and divide it by 100 and multiply that number by $3.060 or just enter your assessed value into the calculator below and you'll get total school tax, and the change from last year broken down by $pending and Ratables.

Anyhoo, you really need to pay attention to how they're $pending your tax dollars over there on Mythomania Lane.

Saturday, March 17, 2018

Super O'Malley's resignation and bonus both on Monday's Action Meeting agenda

Well, just saw the agenda for Monday's meeting and Super Dr. Richard 'Looking for the Exit Ramp' O'Malley's resignation is listed, effective June 30, 2019 when his current contract runs out. Take it then that he has submitted his formal resignation to the Edison Board of Education.

Also, there's a $10,141.00 bonus for Señor O'Malley that 'the Board has determined that Dr. O'Malley has satisfied merit criteria for his work during the 2017-18 school year, warranting the payment of a merit bonus.'

This one is a little puzzling to me. Of course, the resolution only shows you the performance criteria that he has met to receive a bonus but not all the bonus criteria that he was eligible for a bonus.

According to the Board's approved District Goals for 2017-18, there were three District Goals. One was quantitative, the one he is receiving the bonus for, and two were qualitative for which he apparently did not meet. The two he didn't receive a bonus for had to do with Overcrowding and Improving Communication with the Edison Schools community.

You can see these Board Goals and Merit Bonus award below:

Now, the way these thingies usually work over there on Mythomania Lane, there can be up to three quantitative and two qualitative goals and the quantitative goals can go up to 3.33% of annual base salary and the qualitative goals up to 2.5% of annual base salary.

According to Señor O'Malley's contract, he is eligible for a merit bonus up to 12% of his annual base salary. Even if you take the Max 12%, that would make him eligible for a max bonus of $25,481 ($212,344 x 12%).

However, his current contract doesn't specify what the actual percentage (up to 12%) the Board has used or any breakdown percentages for either the quantitative or qualitative goals.

In this case, there is only 1 quantitative goal and two qualitative goals. Given he only achieved one of the three Board Goals for 2017-18, how is it possible that he receives a bonus of $10,141.00? The $10,141.00 on his base salary of $212,344.00 comes to roughly 4.8%. No single quantitative goal is worth 4.8%.

So, don't understand how they came up with this number for a merit bonus for Señor O'Malley for 2017-18 since it seems to me that the max he should be getting is around $7,000.

Now, don't get me wrong. They can give him anything they want up to $25,481 but it's kind of hard to believe that when he achieves only one of three Board Goals that the Board would place a $10,141.00 value on that one goal, which far exceeds the usual allowable percentage methodology.

Anyhoo, what do I know, I still can't figure out how they come up with these sophomoric Board Goals anyway.