On a day he announced a city’s ninth uninterrupted bill over-abundance Tuesday, Easton Mayor Sal Panto Jr. reason a news discussion to deliver a new captain of a city’s financial ship.
Easton named Cassandra Williams, now Lower Macungie Township’s financial director, a city’s new financial director.
She starts Oct. 12 and is a second chairman to reason a post, replacing Chris Heagele, who quiescent in Aug to turn business director with North Warren Regional School District. The position was combined in 2008 by a new city charter.
Those were bad days for Easton, Panto said. Around a time Panto took bureau for his second go-round as mayor (he reason a pursuit in a 1980s), a city was tighten to filing for Act 47 status, he said, that seeks service from a state for financially unsettled municipalities.
But Williams, a Forks Township proprietor with degrees from Rutgers and Temple universities, will helm a city bill book that has weathered rising grant and health caring costs but lifting skill taxes. During Heagele’s tenure, a city’s bond rating changed from BBB+ to A+, downtown developers started relocating in and a city’s financial boat was righted.
“We’ve come out into a fever brightly today,” Panto said.
The news from city auditor Palmer Co. expelled Tuesday found Easton finished mercantile 2014 with a over-abundance of $1.44 million, roughly 4 percent of a sum city budget, that dwarfs a over-abundance in 2013, when a figure was $336,043.
A series of factors led to a increase, pronounced City Administrator Glenn Steckman, including a $177,000 payout from a Federal Emergency Management Agency for Hurricane Sandy relief, about $543,000 in handling cost controls and increases in parking scale revenue.
Panto is recommending that $600,000 of a over-abundance go to a city health advantages fund, $125,000 to a city guilt word fund, $25,000 to a post-employment advantages fund, and $500,000 as a appropriation source for a 2015 budget, that a city budgeted in 2014 as a carry-forward.
“The remaining certain net over-abundance reflects an assertive proceed to collect as most income as possible, mercantile fortify and patience in spending,” Panto pronounced during a news conference.
Williams will make $97,000 per year.
“I am intensely vehement about this opportunity,” she pronounced during Tuesday’s news conference. “I consider there have been so many changes that we have seen myself in a city of Easton and we share a mayor’s vision.”
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