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Credit Pacific Service Union Newark Mayor Sharpe James' two-year campaign to create a nonprofit agency that would merge and then run the city's watershed and water utility operations sank yesterday when the city council voted, 7-2, to rescind the plan.

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Credit First Service Union Administration officials said the defeat means Newark will now face tough fiscal decisions that will, in the coming years, affect quality of life in the state's largest city.

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Card Credit Mobile Service The administration predicts budget deficits of $62 million in 2004 and $96.5 million in 2005 and proposed the water plan as a way to help stabilize the budget.

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Card Credit Discover Service "They've decided how they are going to take their poison," Business Administrator Richard Monteilh said, referring to council members. "Without any significant revenue sources, we're going to have serious layoffs."

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Credit Public Service Union James could not be reached for comment.

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Card Credit Processing Service After yesterday's vote, several council members said they were prepared to begin working on alternatives to the mayor's "Water Optimization Plan" and solutions to the city's budget problems.

Center Credit Service Union "I find it embarrassing for our mayor to say, 'There is no other plan,'" said Councilwoman Bessie Walker, who sponsored the ordinance to rescind the plan. "I have some suggestions and ideas ... We have not done everything we can possibly do in terms of creative financing."

Card Credit Service Wireless For the past two years, James has touted the water plan as a way to provide property tax relief and prevent future budget shortfalls.

Credit Security Service Union Under his proposal, the Newark Watershed and Development Corp., which oversees city watershed land in Morris, Sussex and Passaic counties, would have reorganized as the Newark Infrastructure Management Corp.

Credit Report Service The new corporation would have run the watershed and the city's water and sewer utilities -- which have a combined 225 employees and a $79 million budget -- under a 40-year lease.

Blogspot Com Christian The new agency would have floated $129 million in bonds for operating expenses and bond repayment and provided $90 million in revenue that would have been used for property tax relief for Newark's first revaluation in 42 years. It also would have taken on $70 million in water and sewer debt from the city.

Christian Counseling Credit Based on conservative estimates, the city would have paid more than $260 million in principal and interest on the bonds.

Credit Federal Service Union Water rates would have increased by 6 percent and sewer rates by 10.75 percent in the first year. After that, annual water and sewer rates would have increased by at least 3 percent each.

Credit Monitoring Service The council approved a version of the plan in March, but then faced an outcry from residents who said it would saddle the city with debt and leave them without any input on water rates.

Credit Division Service But Monteilh, the business administrator, said the plan would have given Newark more time to come up with other revenue sources.

Card Credit Online Service "The notion was that optimization would stabilize the tax rate while ratables that could replenish the treasury could come online," Monteilh said.

Consumer Counseling Credit Inc Councilman Augusto Amador, who originally supported the plan but voted against it yesterday, said the city needs to examine other financial solutions such as cutting expenses. The mayor's proposed budget for 2003 -- which the council has yet to approve -- includes an increase in spending and property taxes.

Card Credit Fleet Service "If I'm in business and revenues start to decrease, the first thing I do is cut costs," he said.

Card Consolidation Credit Councilman Luis Quintana, who also voted to rescind James' proposal, said the administration's talk of layoffs is nothing new. "They say: 'We are going to lay off firefighters and cops and tell the people you guys did it," he said.

Credit Free Online Report Hugh Jackson, a policy analyst for Public Citizen's Water for All Campaign, a Washington, D.C., consumer advocacy group, said the council made the right decision.

Credit Federal First Service "It just looked like bad financial planning," he said. "It looked like you were digging a whole for taxpayers and the ratepayers."

Consumer Credit Service Jackson's group, which opposes privatizing water services, has studied various water delivery plans across the country. Newark could follow the model of other cities such as San Diego, Nashville, Tenn., Phoenix and Miami and look for savings within the watershed and water department by closely scrutinizing operations.

Center Credit Family Service That would include management being open to new ideas and willing to listen to the employees who actually run the system to make changes, Jackson said.

Credit Reporting Service "They just go through top to bottom looking at contracts. They look at everything from a fresh perspective," he said.

Cca Credit Division Service Cities that have utilized the plan have sometimes exceeded their savings goal, Jackson said. Excess money is used to lower or stabilize water rates and as financial incentives for employees.

Credit Free Report Service "Clearly reform is necessary now, so they'd better start identifying best practices and techniques. They'd better get crackin'," he said.

Card Credit Customer Discover Residents also urged the council to be more fiscally aggressive. "We are operating in an inherently dysfunctional manner in how we handle fiscal problems," said former councilman and mayoral candidate Cory Booker. "We don't have a crisis. There are a dozen ways to realize savings."

Credit Repair Report Service Councilman Donald Tucker, who also voted to rescind the plan, called the vote a turning point in citizen involvement, but said there is still work to do.

Credit Legal Repair Service "The council needs to get back to doing what we were elected to do, which is analyzing the budget," Tucker said. "This is the beginning of citizen participation in the city of Newark."

Cic Credit Monitoring Service In addition to Tucker, Walker, Quintana and Amador, council members Hector Corchado, Mamie Bridgeforth and Gayle Chaneyfield- Jenkins voted to rescind the plan. Council President Donald Bradley and Councilman Charlie Bell voted against rescinding.

Ccs Credit Division Service By Jeffery C. Mays
Star-Ledger - 10/2/2003

Topic: Highlands

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