It is surprising is that a sitting mayor is asking New Jersey to step in and do a forensic audit of the city's finances.
Trenton Mayor Reed Gusciora has pulled back the curtain surrounding City Hall to give us a peek at what he is seeing. And what he sees is cause for concern.
Gusciora, who took office in July, said his administration has found a "lack of stringent bookkeeping'' and "budget inconsistencies."
There was no outcry in the previous administration that our tax dollars were not being spent wisely. But that is not surprising. No mayor wants to bow out with a legacy of poor fiscal stewardship.
What is surprising is that a sitting mayor is asking the state to step in and do a forensic audit of the city's finances.
Gusciora recently sent a letter to Lt. Gov. Shelia Oliver requesting that the state Department of Community Affairs do the audit.
"We need fiscal prudence and responsible stewardship of city finances, which is why I'm asking for a thorough review as soon as possible," Gusciora wrote in his letter.
The usual scenario in such cases is for the state to demand an audit upon learning of possible financial mismanagement on the local level.
Indeed, you would think that that is how it would work in Trenton's situation because the city is still under state oversight as a condition of receiving transitional aid funding.
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An analogous situation would be NJ Transit asking Gov. Phil Murphy to do an audit of its operations instead of the other way around. The governor recently released the results of the audit he ordered and, as expected, it was highly critical of the transit agency.
In his letter to the state, Gusciora hinted at the city's dire financial condition.
"In my first few months as Mayor of Trenton, I am only now fully realizing the depth of the City's financial distress."
The mayor was short on specifics, but it appears he wants to prepare us for some bad news down the road.
As a tactical move, it was a smart one for Gusciora to make. He can blame the sins of the past administrations for the city's current financial mess. He is also being proactive in asking the state to do the audit, which in all likelihood will validate the city's financial problems.
A lot of Trenton's money woes are systemic and difficult to overcome, such as a tax base that is limited by so many tax-exempt government properties that don't generate the tax revenue that private businesses do.
By throwing the ball into the state's lap, Gusciora is challenging the state to come up with solutions.
This story has a long way to go. It will be interesting to see how it plays out.
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