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Mayor’s Report: March 27, 2012

Village Wide Election: Congratulations

Congratulations to Trustees John J. Watras, Nicholas P. Episcopia, Andrew J. Cavanaugh and Brian C. Daughney on their election last Tuesday. I believe the board can achieve a great deal over the next year working together.

I also want to express gratitude to all of the many residents who made the time to vote in the annual village election and encourage you to become familiar with your property owners’ associations and to become involved with it.

The four property owners’ associations, Central, West, Estates and East are organized according to geographic boundaries within the village and are the root of Garden City’s Community Agreement form of government. The Community Agreement was created to provide equal representation within village government and school district boards to each of the aforementioned sections. Participation in the property owners’ associations is the best way residents can learn about village affairs, contribute their point of view and volunteer their services to the community. Through the years, these four sections of the village have been responsible for producing many dedicated and talented volunteers.  Every resident is encouraged to familiarize themselves with the community agreement which may be found on the home page of the village website.

Moody’s Assigns Aaa Rating to the Incorporated Village’s $6 Million General Obligation Bonds, Series of 2012

I am pleased to report that Moody’s Investor Service has assigned a Aaa rating to the Village of Garden City’s $6 million General Obligation Bonds. The Aaa is Moody’s highest rating. Obligations rated Aaa are judged to be of the highest quality, with minimum credit risk. The Aaa rating reflects a very large and strong tax base hosted by substantial wealth. It also incorporates stable finances, balanced budgets and a low debt burden that is expected to decline. The proceeds of the bonds will be used to finance a variety of municipal projects including improvements to the Garden City Swimming Pool Complex, resurfacing of parking fields and repaving village roads.

Little League Parade

Next Saturday, March 31, marks the opening of the 2012 Little League Baseball/Softball season. The annual Little League Parade will step off promptly at 9 a.m. from Village Parking Field 9E onto 10th Street and proceed south on Franklin Avenue to Seventh Street, west on Seventh Street to Hilton Avenue, north on Hilton Avenue to Stewart Avenue for ceremonies at the Village Green.

With the opening of Little League, parents are especially encouraged to pay particular attention to driving safely in the area of village athletic fields. As youngsters are on their way to and from their scheduled games, many of them will dart between parked cars and will fail to look while crossing the street. Let’s make this season not only a happy one but also a safe one in our village.

I would like to take this time to congratulate the Garden City Athletic Association on their 57th year and thank their officers, directors, managers, coaches and all that are involved in such a great volunteer organization. Not only do they touch the lives of so many youngsters, they have been a valuable asset to our community. Please plan to attend the parade and give them and the players your support.

Village Receives the Certificate of Achievement for Excellence in Financial Reporting

Congratulations to our Village Auditor James E. Olivo. Through his efforts, working with a very small office support staff, our village has been awarded the Certificate of Achievement for Excellence in Financial Reporting for the 16th consecutive year. This certificate has been awarded to the Village of Garden City by the Government Finance Officers Association of the United States and Canada (GFOA) for its Comprehensive Annual Financial Report (CAFR). The Certificate of Achievement is the highest form of recognition in the area of governmental accounting and financial reporting and its attainment represents a significant accomplishment by a government and its management. An Award of Financial Reporting Achievement has been awarded to the individual(s), department or agency designated by the government as primarily responsible for preparing the award-winning CAFR.

The CAFR has been judged by an impartial panel to meet the high standards of the program including demonstrating a constructive “spirit of full disclosure” to clearly communicate its financial story and motivate potential users and user groups to read the CAFR.

The GFOA is a nonprofit professional association serving approximately 17,500 government professionals with offices in Chicago, Illinois and Washington, D.C.

Board of Trustees Meeting

The next board of trustees meeting will be the annual organizational meeting, on April 2. The meeting will be held in the boardroom at Village Hall.