GA just spoke to HHA Chair Dana Wefer who clarified the HHA has filled $500K of a $2.5M hole in the reserves inherited from former Executive Director Carmelo Garcia. The reserves had been "plundered" to cover budget overruns.
According to sources, under new management "[the HHA] saved $100,000 by locking the inventory door."
GA has updated original post accordingly.
Just when we thought Al Sullivan's article about 6th Ward Councilwoman Jen Giattino and other Hoboken moms' quiet act of charity was embargoed from Hoboken forever...
|"Moms make lunch for the homeless" appears in this week's Hoboken edition|
Matzner to the rescue!
It doesn't matter WHY the paper decided to run the story in the Hoboken edition one week after it ran in Jersey City, it matters that they ran it where it belongs.... in Hoboken. On the cover.
GA asked Jen if she had complained to the HR about the article's omission last week. Her answer: "nope."
Perhaps they understood how badly the Hoboken embargo had backfired. Who knows. Giattino is extremely popular- within her ward and out. Unlike many Hoboken political figures, Jen is not a loud-mouthed gasbag with a slew of paid political operatives and consultants; she is a mom who quietly goes about doing 'her thing.' Jen's 'thing' is helping the Hoboken community. Yeah, she's Republican. So what. GA would choose Giattino over 1,000 self-serving Democratic Party gasbags without blinking an eye.
Speaking of embargoed information...
It is curious that The Hoboken Reporter's page 4 news "Brief" titled "Dana Wefer re-elected as Hoboken Housing Authority board chair" left out a huge piece of news. In fact, it is a huge story. To-date, the story has only been covered by MSV.
MSV's story is titled: "HHA Shocker: $2.5 million reserve loss turned into 500K surplus"
That is incredible. Huge. Here it is:
"...the Hoboken Housing Authority announced its second quarter financials at its monthly meeting yesterday and the results are a stunner. Last year, the agency left in shambles under controversial Executive Director Carmelo Garcia rode through a $2.5 million hit on the agency reserves. With temporary ED Bob Divincent and HHA commissioner David Dening, the head of the finance committee, the agency announced it completely eliminated the hit on those reserves losses with numerous problems reversed and retains $500K in reserves. The amazing turnabout comes in less then a single calendar year."Wow. After Garcia was fired. In less than one year.
How could that happen? This story merits coverage in The New York Times. And a federal investigation.
One example of how $2,500,000 'walked out the door' under Garcia control might be the $38.5K the HHA spent on diapering one elevator.
Remember that? In 2011 the HHA spent $385,000 replacing vinyl flooring in 10 elevator cabs. When questioned about this expense, the HHA Board was told that the new floors were required to keep pee-pee from dripping onto the cab sub-floor and into the mechanicals.
Excellent! Remember: the pee-pee belongs inside the elevator. Next time you pee in an elevator, check that it's wearing a vinyl diaper. Okay?
|page 3 of the American Reinvestment and Recovery Act (ARRA) Annual Performance Report 2011|
This is Hoboken, where certain news doesn't get the front page- or any page.
GA congratulates HHA Chairwoman Dana Wefer, Finance Chairman David Denning, Commissioners Dave Mello, James Sanford, Judy Burrell and Interim Executive Director Bob DiVincent for using federal money on much-needed capital improvements to the Hoboken Housing Authority and not on vinyl diapers.
Remember to pee on VINYL, not linoleum.