July 13th, 2009, Subject: A Finance Committee is the Best Solution

    In a recent letter regarding Committeeman Sean Byrnes’ proposal to create a finance committee in Middletown, the writer failed to understand Mr. Byrnes’ reasoning and the real value that a finance committee would provide to Middletown taxpayers.
    Committeeman Byrnes and Committeeman Patrick Short have been advocating a finance committee for more than a year. Mr. Byrnes’ knowledge on this issue is backed by extensive financial experience, which he developed by working on budgets for the U.S. Coast Guard and other organizations. His experience makes him the most qualified person on the Township Committee when it comes to finances.
    His proposal is sound. A recent panel studying Middletown’s current system of government recommended the establishment of a finance committee. Numerous businesses and our own state and federal governments use budget committees to work on government finances.
    As proposed by Mr. Byrnes, this committee would be an advisory group that makes recommendations to the Township Committee on how the Committee could better spend the township’s tax dollars. The finance committee would in no way take away the authority that the Committee holds for creating and approving the budget. In fact, it would enhance their ability to produce a budget that best serves our taxpayers.
    A finance committee is needed because the current method just does not work. As of this writing, Middletown still does not have a budget for 2009. The Committee had to hire an outside consultant to find savings they were unable to identify. Creating a finance committee with the financial expertise to advise the Township Committee, Middletown taxpayers would have a budget that spends their tax money more efficiently and effectively. Members of the Committee should recognize the value that a finance committee would provide our residents. They should stand one up for 2010 and test it out; they might just find it works.

Don Watson
New Monmouth, NJ