One of the most significant items on Monday's City Council agenda is a resolution to hire a new chief financial officer.
Municipalities are required to have CFOs, but they have become scarce. In the previous administration, years passed with no CFO in place. The mayor and council members faced daily fines of $25 each at one point for lack of a CFO. One was hired, but left after a year and the city then depended on a CFO from a neighboring municipality who could spare a few hours per week to see to Plainfield's fiscal integrity.
See the requirements and responsibilities of a chief financial officer here.
The new CFO is Richard J. Gartz, who served Freehold in that role and was also the acting chief municipal finance officer for Asbury Park. The resolution to hire him here indicates a term starting July 1 and continuing through the balance of Mayor Adrian O. Mapp's term, ending Dec. 31, 2017. It does not state his compensation, but includes a residency waiver
Mapp began his four-year term on Jan. 1, 2014 with the promise of a CFO serving concurrently. Ulrich "Al" Steinberg received an enthusiastic welcome. The city had not had a long-term CFO since Peter Sepelya resigned at the end of 2007. However, Steinberg left this year and the city has relied once again on a part-time CFO while searching for a new one.
The City Council meeting is 8 p.m. Monday, June 20 in Municipal Court, 325 Watchung Ave.