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LVH Hosts Panel Discussion for School Districts on Shared Services and Public-Private Partnerships June 18, 2010 ... Newark, NJ ... Dieter P. Lerch, CPA, RMA, PSA served as a panelist on Friday, June 18, 2010 at the Shared Services and Public-Private Partnerships Roundtable held at the Renaissance Newark Hotel. The Roundtable, co-hosted by Lerch, Vinci & Higgins, LLP, Florio Perrucci Steinhardt & Fader, LLC, MAST Construction Services, Inc. and DMR Architects, featured special guests Commissioner of Education Bret Schundler and Paul A. Sarlo, Senate Deputy Majority Leader and Chairman of the Budget & Appropriations Committee. The
Roundtable was organized in response to challenges school districts
face regarding Governor Christie’s proposed 33-bill package of reforms
in education, dubbed the “Tool Kit.” The Governor proposes a
constitutional amendment creating a 2.5% cap on the increase in the
property tax levy by municipal, school and county governments, and
power enabling county executive superintendents to require districts to
share services. The legislation also includes election and labor law
reform. After
Commissioner Schundler’s address, Mr. Lerch spoke eloquently about
recent fiscal events that left most school districts with unprecedented
hardships. Earlier in the year, the Governor froze school aid payments
for the current school year, requiring districts to use their excess
surplus instead of state aid. Then came announcements that state aid
would be drastically cut for the following school year, further
decimating budgets. Before the panel discussion on shared services
began, Mr. Lerch advised school districts on immediate steps they
should take to protect their already fragile budgets.
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17-17 Route 208 · Fair Lawn · New Jersey 07410 · (201) 791-7100 · Fax (201) 791-3035 · dlerch@lvhcpa.com