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January 12, 2010

Mayor Sandham: Montville stays on fiscal course

Long-term financial planning has kept the township fiscally sound over the last four years, and officials Sandham plan to continue reducing debt in 2010, incoming Mayor Jim Sandham said at the organizational meeting of the Township Committee.
Sandham was appointed mayor and Tim Braden deputy mayor by the five-member committee, while new Committeeman Donald Kostka was sworn in to his first term. Kostka ousted the committee's sole Democrat, Jean Bader, shaking up the committee's makeup.

While the governing body in 2010 has only Republicans, the goals remain the same as in the past few years, Sandham said.

The township has reduced its debt by $12 million since 2005 and plans to reduce debt another $18 million over the next six years while still investing more than $15 million in infrastructure and open space, Sandham said.

Continue Reading Daily Record.  See also Sandham facing 'many tough decisions'.

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