City of Poughkeepsie Mayor Rob Rolison announced today that Brian Martinez has been selected to succeed William Brady as the City’s Commissioner of Finance. Brady is retiring at the end of January.
Brady served in Mayor Rolison’s
administration since 2016, the majority of that time as Finance Commissioner.
William Brady, at left, greets Brian Martinez in the Common Council Chambers at City Hall. Martinez has been selected to succeed Brady as the City’s Commissioner of Finance.
After Rob Rolison’s election as mayor, Brady
was asked to serve on the city’s Fiscal Advisory Committee that played an
integral role in getting the City’s finances in order and reducing the city’s
general fund deficit.
During Brady’s tenure, the City saw its general fund
deficit decline from $13.2 million to $7.1 million, as the City realized four
consecutive years of strong fiscal management and budgetary controls.
Mayor Rolison said, “William Brady served this city
with great distinction. He greatly aided the city’s ability to overcome a
period of serious financial turbulence, and we are grateful for his work.”
“It was a pleasure working with Bill on the
Finance Committee,” said Common
Council member Natasha Cherry. “He is the only person I know who can
smile while delivering a hard truth or a bottom line. I thank him for all that
he has taught me around Finance and Budgeting, and I wish him well in his
retirement.”
Martinez began his service at City Hall in 2019 as
the Budget Director. He and his spouse, Elaine Woods-Martinez, have deep roots
in New York and the Hudson Valley with now three generations of family on both
sides residing locally, upstate and downstate. Martinez pursued a career as a
Naval Officer, which was followed by his continued public service as a career
senior manager in the federal civil service for The Joint Chiefs of Staff.
The Martinez’ determined to “come back home” to New
York and become residents of the City of Poughkeepsie. Martinez stated, “We are
thrilled to be part of the community that is the City of Poughkeepsie. After
attending a first ‘First Friday’ event a couple of years ago, we were
determined to make the City of Poughkeepsie our next home. I look forward to
being part of the City’s leadership team.”
Mayor Rolison said, “Having Brian Martinez take over
will ensure a seamless transition, and we look forward to Brian working on
behalf of the city to keep our finances stable.”
Martinez holds a PhD in Public Administration from
Old Dominion University with an emphasis in public management and
organizational change involving technology. He is a member of the Public
Administration Honor Society, Pi Alpha Alpha and the Honor Society of Phi Kappa
Phi. He holds a Master of Science in Finance and Management from Webster
University and is a certified Project Management Professional (PMP). His prior
federal civil service positions include Deputy Director, Resources,
Requirements and Analysis, Training Directorate of the Joint Staff. During his
Naval service, he held various leadership and management roles in business cost
estimating and financial management in organizations within the United States
and abroad. He is a veteran of Gulf Wars I and II and the Global War on
Terrorism. His public management experience also includes serving as a
Neighborhood Conservation Chair in the City of Norfolk, Va. and non-profit
experience on the Board of Directors for Angel Airlines.
PLEASE TAKE NOTICE THAT, in accordance with the provisions of Section 14.21 of the administrative code of the City of Poughkeepsie and Section 3533 of the Education Law, the undersigned Commissioner of Finance, acting as City Treasurer of the City of Poughkeepsie, publishes the following list and statement of parcels of land charged with unpaid taxes, unpaid city school district taxes, delinquent water and sewer rates, penalties and interest remaining unpaid on the 15th day of November 2019 and hereby gives notice that on the 11th day of December 2019 at ten o’clock A.M. in the Common Council Chambers, Third Floor, City Hall, 62 Civic Center Plaza, Poughkeepsie, NY, each of the parcels of land hereinafter described will be sold at public auction to discharge the aforesaid unpaid taxes, delinquent water and sewer rates, penalties, interest and expense of sale, which shall be due thereon at the time of sale. The grid number is in accordance with the official City of Poughkeepsie tax mapping, and is the official description.
City
of Poughkeepsie officials today released audited financial statements for 2018
reflecting a sharp decline in the City’s General Fund deficit, from approximately
$13.2 million at the end of 2015 to approximately $7.1 million at the end of
2018. Auditors also found the City’s General Fund cash position has improved by
$1.8 million since the end of 2017. The audit was conducted by RBT CPAs, LLP.
Mayor
Rob Rolison said, “This is the third consecutive year the City has
out-performed when it comes to the important function of managing to our
revenue and expense projections. The City’s Deficit Reduction Plan is a
three-pronged approach toward rebuilding our fund balance by unwinding
inter-fund receivables and payables, limiting non-essential borrowings, and
crafting realistic budgets each year.”
Auditors
found that the City’s receivables, funds it is owed by others, increased
year-over-year, and recommended that the City complete a comprehensive
inventory of all its assets to ensure they are not being understated on its
balance sheet.
City
Administrator Marc Nelson said, “When Moody’s Investors Service removed
the City’s negative outlook in July, 2017, they said that further bond rating
increases could result from a declining deficit and improving liquidity. We’ve
checked those boxes and many more. The City has established reserve accounts
for snow removal emergencies, employee benefits and judgment and claims, it has
reduced its self-insured retention from $1 million to $500,000, closed its transit fund which had operated at
a deficit for years, and built a multi-year record of successful and timely
collective bargaining outcomes.”
Finance
Commissioner William Brady said: “In addition to the very favorable audit
findings, the City’s debt-service costs drop by more than $1 million next year.
It would not be overstating things to say that we are witnessing one of the
most remarkable turnarounds in a local government’s financial condition. Being
a part of this work is the high-water point in my long career in public
service.”
RBT
CPAs, LLP has offices located at 11 Racquet Road, Newburgh, NY; 2678 South
Road, Poughkeepsie, NY; and 51 Sullivan Street, Wurtsboro, NY. RBT provides accounting, auditing, tax and business
consulting services to clients in the greater Hudson Valley, as well as in
other areas of New York State, Connecticut and New Jersey.
Dear Honorable Members
of the Common Council, and to our taxpayers and residents, to our local
business owners and our non-profits, to our faith-based organizations and to
all the stakeholders in the Great City of Poughkeepsie, GREETINGS:
Pursuant to Article XIV of the Administrative Code, I hereby submit the 2020 Preliminary Budget for the Common Council’s deliberation and action. This budget builds on the strong progress we have made together over the last several years. It marks the third consecutive year we will remain under the N.Y.S. tax cap, and it continues our emphasis on fiscal responsibility, public safety, strategic planning and the quality of life issues that have a real impact on our community.
2020
Budget lowers tax rates, stays under the N.Y.S. Tax Cap.
No
increase to Water, Sewer or Sanitation Rates.
Budgets always reflect
our priorities and provide a roadmap for what the year ahead will look like,
but this budget, in particular, also reflects the fruits of our labors. It’s no
small feat for a City that just four short years ago faced a deficit in its
General Fund of $13.2 Million, was seeking emergency aid from the State’s
Financial Restructuring Board, and was behind with payments it owed to both the
School District and the County, to come in under the N.Y.S. tax cap for a third
consecutive year. As we have all worked together these last few years, it’s an
accomplishment we can all be proud of. In fact, not only are we under the cap again
this year, but we have now seen three consecutive years of surpluses in our
general fund, and the fund balance deficit that stood at $13.2 Million when I
became your Mayor, is now less than $8 Million.
NOTE: Please be advised that credit card payments for 2016 Tax Liens cannot be accepted via this system after 4:30 pm on 12/10/2018. Credit card payments of 2017 Tax Liens or 2018 Property Taxes including School Taxes, cannot be accepted via this system after 4:30 pm on 12/11/2018.
PLEASE TAKE NOTICE THAT, in accordance with the provisions of Section 14.21 of the administrative code of the City of Poughkeepsie and Section 3533 of the Education Law, the undersigned Commissioner of Finance, acting as City Treasurer of the City of Poughkeepsie, publishes the following list and statement of parcels of land charged with unpaid taxes, unpaid city school district taxes, delinquent water and sewer rates, penalties and interest remaining unpaid on the 15th day of November 2018 and hereby gives notice that on the 12th day of December 2018 at ten o’clock A.M. in the Common Council Chambers, Third Floor, City Hall, Civic Center Plaza, Poughkeepsie, NY , each of the parcels of land hereinafter described will be sold at public auction to discharge the aforesaid unpaid taxes, delinquent water and sewer rates, penalties, interest and expense of sale, which shall be due thereon at the time of sale. The grid number is in accordance with the official City of Poughkeepsie tax mapping, and is the official description.
On the day and at the time and place stated above, the Commissioner of Finance, acting as City Treasurer, will commence the sale of said parcels of land and will continue the sale from day to day until all parcels shall be disposed of.
The purchasers shall pay the amounts of their respective bids to said Commissioner of Finance, acting as City Treasurer, immediately after each parcel shall be struck off, and upon failure to do so, the said Commissioner shall forthwith offer the parcel for sale again. The proceedings for the sale of any parcel of land may be stopped at any time upon payment of the amount due upon it.
In the event that any property listed herein is involved in a bankruptcy proceeding, then the applicability of this publication of notice of tax sale shall be subject to the provisions of the U.S. Bankruptcy Code.
William J. Brady
COMMISSIONER OF FINANCE
ACTING AS CITY TREASURER
Please take notice that a Budget review session will be held on Friday, November 16, 2018 at 5:30 p.m. and on Monday, November 19, 2018 at 5:00 p.m., in the Common Council Chambers at City Hall (3rd Floor, 62 Civic Center Plaza). Parking is available in the City Hall garage, accessible from Mill St. The sessions are open to the public.
A 2017 Year-end Surplus in the City’s General Fund will reduce the City’s Deficit by $852,000
The City of Poughkeepsie announced today that it will realize a surplus in its General Fund for 2017 in the amount of $852,000. This second consecutive year of favorable financial results will further reduce the City’s deficit to $11,052,729.
Mayor Rolison said: “Strong fiscal management brings not only the reward of lowering our deficit, but it also attracts much-needed development to our City. It boosts the confidence that our stakeholders have in City government, which translates into more grants and stronger partnerships. We must smartly leverage opportunities when they come calling because the steps we take today assure our City’s successful future.”
City Administrator Marc Nelson said: “In 2017 the City adopted a Debt Management Policy, improved policies and procedures, and addressed a number of critical infrastructure projects that had been deferred for years due to fiscal constraints. Improving the responsiveness of local government requires that we provide the resources City departments need to accomplish their jobs. For two straight years the Mayor’s annual budget has found the right balance between fiscal restraint and necessary spending.”
The City faced a deficit of $13,061,925 in January of 2016.
In July, 2017 Moody’s Investors Service upgraded the City’s financial outlook from negative to stable.
NOTE: Please be advised that credit card payments for 2015 Tax Liens cannot be accepted via this system after 4:30 pm on 12/11/2017. Credit card payments of 2016 Tax Liens or 2017 Property Taxes including School Taxes, cannot be accepted via this system after 4:30 pm on 12/12/2017.
PLEASE TAKE NOTICE THAT, in accordance with the provisions of Section 14.21 of the administrative code of the City of Poughkeepsie and Section 3533 of the Education Law, the undersigned Commissioner of Finance, acting as City Treasurer of the City of Poughkeepsie, publishes the following list and statement of parcels of land charged with unpaid taxes, unpaid city school district taxes, delinquent water and sewer rates, penalties and interest remaining unpaid on the 15th day of November 2017 and hereby gives notice that on the 13th day of December 2017 at ten o’clock A.M. in the Common Council Chambers, Third Floor, City Hall, Civic Center Plaza, Poughkeepsie, NY , each of the parcels of land hereinafter described will be sold at public auction to discharge the aforesaid unpaid taxes, delinquent water and sewer rates, penalties, interest and expense of sale, which shall be due thereon at the time of sale. The grid number is in accordance with the official City of Poughkeepsie tax mapping, and is the official description.
On the day and at the time and place stated above, the Commissioner of Finance, acting as City Treasurer, will commence the sale of said parcels of land and will continue the sale from day to day until all parcels shall be disposed of.
The purchasers shall pay the amounts of their respective bids to said Commissioner of Finance, acting as City Treasurer, immediately after each parcel shall be struck off, and upon failure to do so, the said Commissioner shall forthwith offer the parcel for sale again. The proceedings for the sale of any parcel of land may be stopped at any time upon payment of the amount due upon it.
In the event that any property listed herein is involved in a bankruptcy proceeding, then the applicability of this publication of notice of tax sale shall be subject to the provisions of the U.S. Bankruptcy Code.
William J. Brady
COMMISSIONER OF FINANCE
ACTING AS CITY TREASURER
Working with our financial advisors, Capital Markets Advisors, LLC., and finance consultants funded by a shared-services grant awarded to the City by Dutchess County in 2016, the Finance Department presented the Common Council with a new formal debt management policy which sets limitations on general fund borrowing, and identifies new benchmarks to strive for over the next several years, as the City works to address its negative fund balance. The Common Council adopted the new policy on October 16th, 2017.
Outgoing Commissioner of Finance, Marc Nelson, said: “I’d like to thank the Council for its favorable action, as well as the Finance Committee – Councilmen Lee Klein and Mike Young – for its work on this. The Constitutional Debt Limit applies to all New York municipalities, but the City of Poughkeepsie must do even more to ensure its debt-service costs decline. This policy outlines our plan to curtail borrowing, seek refunding opportunities in favorable markets, and improve the City’s bond rating”
