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Municipal Officials Come To AC

Endowment Policy Several thousand elected and appointed municipal officials will start descending on the resort today for the 87th annual New Jersey League of Municipalities Conference.

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Selling Endowment And, they all want to know one thing that's important to municipal finances and local tax rates: what they can expect in necessary state aid.

The Hague has good sightseeing opportunities and many fine museums. The Binnenhof, a 13th century hunting lodge of the counts of Holland, is the heart of Holland’s political life and the official seat of government. The Hall of the Knights, at the centre, is well worth seeing on a guided tour. famous collection of paintings at The Mauritshuis, housed in a beautiful 17th century palace. The Gemeentemuseum (municipal museum) has extensive collections of modern art, the applied arts, fashion and music.

Endowment Mis Selling Delegates may get some of that information Wednesday.

What Is An Endowment Mortgage An endowment mortgage, in theory, is supposed to lower your mortgage payment. Ideally, endowment mortgages are much cheaper than standard mortgage policies such as repayment mortgages. When you get an endowment mortgage, you pay only the interest on the amount borrowed. In addition to this, the endowment policy. This policy is supposed to grow and grow, and at the end of the mortgage term you use this money to pay off your capital.

Selling Endowment Policy That's when Gov. James E. McGreevey, state Treasurer John McCormac and state Depart-ment of Community Affairs Commissioner Susan Bass Levin will be among the luncheon speakers scheduled to address mayors. The topic of the speech is "Budget Update: The Muni-cipal Agenda."

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Endowment Fund League Executive Director Will-iam Dressel said the condition of the state budget and the amount of state aid that municipal leaders can expect is crucial to forming municipal spending plans. The state Constitution requires a balanced budget.

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Lilly Endowment Last year, state aid was frozen as McGreevey struggled to close a $6 billion budget deficit.

Endowment Mortgage Uk That had dire consequences, as a Press of Atlantic City study showed that 63 of 68 municipalities in its coverage area had increases in their median tax bills.

Endowment Plan Mortgage The situation may not get better soon: The state Office of Legislative Services estimates the McGreevey administration will have to deal with a budget shortfall of almost $4 billion in fiscal year 2004.

Endowment Mortgage Complain Dressel said the fiscal concerns on behalf of municipal officials are shown in the conference's theme of "The Keys to Success: Innovation. Leadership. Teamwork."

Sell Endowment He said it's all geared toward helping local officials make the most of their dollars.

Endowment Mortgage "We recognize that in order to be successful in these uncertain times, we have to work together in a united way to address the issues," Dressel said.

Endowment Funds "We believe that by the sharing of ideas, and by networking and attending the more than 125 educational workshops and clinics on key issues which are confronting our elected and appointed officials, that they are going to learn how to more efficiently manage their municipalities."

Sell Endowment Policy According to Dressel, the conference brings together about 8,000 elected and appointed municipal officials and their spouses. It's estimated to attract more than 20,000 people in all, he said.

College Endowment The sessions run the gamut of issues from municipal law updates to addressing bear, geese and deer problems to how to best implement the state's revamped open public records law.

Endowment Mortgage Plan There are some sessions that are expected to be well attended.

Modified Endowment Contract One involves trying to manage development in an already crowded state, and addresses the state plan and smart growth.

Endowment Surrender Its panelists include Levin, state Department of Environmental Protection Commissioner Bradley Campbell and state Department of Agriculture Secretary Charles Kuperlis.

Traded Endowment Policy Republican and Democratic leaders from the Legislature will discuss one topic that has been discussed in the state for years: Property tax reform.

University Endowment There also is one new session called "Nothing but the Troth: The Plight of an Elected Official's Partner."

Endowment Shortfall Dressel said the session is designed to help an elected official and the official's "significant other," who find themselves dealing with marital and family problems caused by campaigning or holding office.

Traded Endowment "I've been hearing this for years," he said.

Duke Endowment By Thomas Barlas
The Press of Atlantic City - 11/19/2002

Topic: NJ Legislature & Politics

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