Skip to content

A town square for an unsquare town

redbankgreen

Standing for the vitality of Red Bank, its community, and the fun we have together.

FAIR HAVEN PARES BORROWING PLAN

Taxes

By LINDA G. RASTELLI

In the last month, Fair Haven’s council, led by Mayor Mike Halfacre, has cut the town’s anticipated debt by $3 million by selling the former Masonic Temple and slicing its borrowing for 2007 by $2 million.

But that hasn’t stopped the public from criticizing its spending and the rumor mill from turning.

Word around town is that “we paid a lot more than we actually did” for the temple, the mayor acknowledged recently. And River Road resident Ruth Blaser, a council watchdog who contends the borough has been on a 15-year spending binge, asked the governing body, “As we go forward, can we cut up our credit cards and pay-as-we-go?”

Her question came as the council was preparing earlier this week to unanimously adopt an ordinance to bond $2 million less than originally planned for.

The borough bought the lodge property for $1.2 million, and the building, with reduced parking, was sold earlier this month to Paul K. Abrahamsen of Rumson for $955,000. Councilman Jon Peters pointed out that the sale netted the town a parking lot. That lot, to the west of the building, should yield the town 30 public spots, Halfacre said.

“It was a good deal, and we came out of this very well,” Halfacre said.

More broadly, “We are reducing our borrowing, and we’re going to continue to take a hard look at our what we’re bonding for and where,” said Halfacre. “In the last five years, we have spent a lot of money, but the projects had to be done.”

The mayor added, via email, “Many roads and sidewalks were in disrepair. We had a large sinkhole open up in one road. There was a lot of deferred maintenance that we had to catch up on.”

The projects bonded for have been emergencies, Peters and Councilman Tom Schissler told Blaser, and now that the town has caught up, it can now spread out the costs and fix things in a more orderly fashion.

“Other towns are in far more debt than we are,” Schissler said, adding that the spending has been on items that will last many years. “The roads and sidewalks are being done. The entire fleet’s been replaced.”

Blaser’s question about debt engendered much discussion on the council. “It’s hard to transition to a pay-as-you-go system,” Peters said, noting the town’s “history of bonding.”

But the temple sale and the ordinance just passed, Peters commented, had reversed $3 million in debt in one fell swoop, and now $7 million remains out of a $10 million bond debt.

Peters had suggested keeping the Hance Road pocket park and Batten Road boat ramp funding in this round of borrowing, but the mayor countered by saying those projects were “relatively modest” and could be separately bonded for next year, which Peters acceded to.

Blaser, a 40-year-resident, told redbankgreen that the recent spending has been “distressing.

“It was going down, and then they started spending again,” she said. And while some projects may be necessary, she said, they shouldn’t be paid for by borrowing. Asked for an example of unnecessary spending, she answered, “They bought too many fire trucks.”

Blaser also cited the McCarter Pond project, which she said was bonded for, but the money was never spent on dredging. Halfacre responded that the council had decided against that project during budget discussions.

“The money was never borrowed for that project,” he told redbankgreen. “There was money spent on a study of the project several years ago, but the actual dredging will cost over $1 million, which is why we are not doing it.”

Email this story

Follow Red Bank Green on Instagram
@redbankgreen
Remember: Nothing makes a Red Bank friend happier than to hear "I saw you on Red Bank Green!"
redbankgreen Classics
Partyline
RBG CUB SIGHTING
A Partyline contributor positioned on the dais at Thursday's meeting of the Zoning Board of Adjustment captured redbankgreen reporter intern ...
DOWNPOUR STRAINS DRAIN
Partyline captures video of a flooded intersection during Tuesday's afternoon thunderstorm.
STILL ‘OPEN’ SPACE
Next to Fins and Feathers, very surprised to see an overgrown parking lot that still sits there…overgrown and with blacktop. (Photo and te ...
DARK COMEDY BY JERSEY DIRECTOR OPENS FILM FEST
Indie Street Film Festival kicks off with "In Memoriam," a dark comedy about an actor with six months to live.
Indie Street Film Festival Kicks Off
Indie Street Film Festival kicks off.
KUDOS FOR RBCS FINANCE WHIZZES
Monmouth County Board of Commissioners and Borough Council honor Red Bank Charter School students who took second place in a national financ ...
MARINE PARK HOT DOGS
Red Bank's newly remade Marine Park also has a new lunch option, a newly licensed hot dog cart.
MATCHA CLOSE UP
Partyline captures a photographer working for Aura Coffee Roaster angles for the perfect shot of two iced matcha lattes on Broad Street Mond ...
SOUTH STREET AUTHOR TO READ AT LIBRARY SATURDAY
South Street resident Scott Robertson will read selections from his book, Contents of a Curious Mind, Saturday, Aug. 8, from 11:30 a.m. to 1 ...
EARTH SPIRIT FOUNDER DIES
Jocelyn Ruth Midose, longtime owner of Earth Spirit New Age Center has died.
A PERFECT NATIONAL NIGHT OUT
The annual National Night Out event organized by the Red Bank Police Department drew hundreds to frolic amid the green grass and cotton cand ...
Blackhawk Helicopter Arrives for National Night Out
The Blackhawk helicopter has arrived. Everyone’s favorite part of each National Night Out hosted by the Red Bank Police Department jus ...
PARKING METER MOMENT
Patty Bishop of Verona was halfway through her haircut at Fox & Jane when she realized she needed to feed the parking meter. After she p ...
JOIN US AT JJ’S – PLEASE!
A doe-eyed sect of sentient boba teas sweetly beseeches us to join their adorable cult outside of JJ Delicacies this sticky August Sunday!
NEIGHBORS GATHER AT TINO’S
Chris Havens of River Street gathered group of Red Bankers for dinner on Thursday night. The gathering was in the back patio of Tino’s Mex ...
TREE BRANCH VS CAR
A tree branch fell on a parked car on Chestnut Street near Pearl Street Sunday. Submitted by Brian Donohue Follow Red Bank Green on Instagra ...
APOSTROPHE CATASTROPHE
As a curmudgeonly curator of terrible punctuation on public signs, I’ve seen and shaken my head at a lot of gratuitous quotation marks ...
DANE FOR DEMOCRACY
redbankgreen Partyline captures a great dane who, all signs indicate, has had enough.
SUNFLOWER GAUNTLET
On the Partyline: a sunflower guantlet on River Street.
VIGIL FOR 68 DEAD
About 100 people attended a Saturday vigil at Johnny Jazz Park in Red Bank as part of a nationwide series of events to mourn the lives of pe ...