Wednesday, October 31, 2018

Scheming Nardino just prevented $265,867.06 from being returned to the Lodi taxpayers…





At last night’s meeting, the public saw that $265,867.06 is being returned to the general fund because the district overpaid on its controversial shared service agreement with the borough.




The $265,867.06 was part of the additional state aid that Lodi received in the middle of the summer.  Lodi already had a budget in place for 2018-19 school year.  Of course it was padded.  It actually showed a 7.5% tax increase absent the other additional state aid the district received prior to the summer.  


Marc Capizzi, Frank Quatrone, and Joe Leto waited until the deadline to call a meeting and allow the board to discuss how the aid should be spent.  Before the board could even discuss the aid, Mike Nardino made a motion to NOT use all of the additional aid for tax relief.  He wanted to use $500,000 to pay off the debt for the HS turf.  I found this suspect because he never offered that idea before.  In fact, he was borrowing $2,000,000 for the field while he was stashing away $8,00,000 for the unnecessary administration building.


Conveniently, Marc Capizzi already had a resolution drawn up for Mike Nardino’s motion.  Nardino and the Capizzis met privately and worked around the board. 


I objected to their backroom deals and pointed out their family relationships.  Their actions were completely inappropriate.  They lacked all transparency.


It turned out that only $234,132.94 was needed to pay off the turf.  Capizzi and Nardino drew up the resolution that overpaid $265,867.06 or 114%.  Both Nardino and Capizzi claim to be accountants.  How could they have been off by that much?  How could they have a resolution drawn up without verifying the proper figure? 


Most likely their actions were intentional.   They prevented $265,867.06 from being returned to the Lodi taxpayers.  Less money for the taxpayers.  More money for politicians.


Some past posts on the subject:









Lodi #1 in New Jersey for HIGHEST SCHOOL TAX BURDEN by percentage of income going to school taxes...





Link to article on nj.com:




Lodi taxpayers should be outraged and angry.  The Lodi BOE just gave its Superintendent a 20% raise.  Lodi just raised school taxes 2.08% while it received $2.1M more in State Aid.




The people of Lodi need to throw everyone off the Board that is contributing to this.






This post is from June 2018

Assistant U.S. Attorney Thomas R. Calcagni learned very quickly that Marc Schrieks does NOT tell the truth...






Link to article from northjersey.com titled “Judge agrees to limit reporter's testimony in Coniglio trial: