Councilman Ritchie provided a detailed report on the borough’s looming financial challenges. He pointed out the substantial increase in state health benefits, which may strain the borough’s budget by an estimated $450,000. Additionally, Ritchie expressed concern over potential mismanagement of energy tax receipts by the state, which could expose Waldwick to a $2.5 million financial risk. He emphasized the need for the borough to explore strategies to lessen its dependence on state aid as a way to navigate these fiscal issues. The finance committee, having paused its sessions to allow the new administrator, Tatiana, to transition into her role, plans to resume in mid to late October to address these budgetary concerns.

Legal settlements were another focal point, as the borough attorney reported on recent financial settlements from litigation involving 3M. The borough received a settlement payment of approximately $212,293 and anticipates an additional $484,853, representing 65% of its entitlement under the settlement. These funds will be distributed over the next eight years, with further settlements involving DuPont and other entities expected. These financial inflows are important for the borough as it grapples with its fiscal challenges.

The meeting also addressed environmental initiatives, notably the successful recycling program spearheaded by the environmental committee. This initiative has reportedly kept about 20,000 pounds of styrofoam out of landfills. Council members expressed interest in conducting a walkthrough of the site to assess its potential for park development. However, there were concerns about the implications of accepting Green Acres funding, which could restrict future council decisions regarding the property. The dialogue underscored the need for balanced decision-making to maintain flexibility while pursuing development goals.

In public comments, Angela Smith from the Access for All Committee highlighted accessibility issues at the Shaun Fiser playground. She noted that the uneven entrance ramp poses challenges for individuals with mobility issues, prompting a request for council action. The council acknowledged the concern and expressed a commitment to addressing it, especially as new equipment is being installed at the nearby Lions Club playground.

Ted Sansaw proposed the idea of a “tree bank,” which would allow developers to compensate for tree removal by planting additional trees. This initiative could potentially exempt residents from a $450 tree replacement fee if they cannot replant on their property. The council showed interest in exploring the logistics of this concept and its integration into the existing tree ordinance.

Community engagement was also a theme, with Joanne Mitchell inquiring about plans for the 250th anniversary of the American Revolution. The council confirmed ongoing discussions to form a committee dedicated to organizing the celebrations, emphasizing the importance of local history and community involvement. The preparations aim to kick off activities around May, with potential leaders and schools already contacted to participate in the events.

Stan Kowalski raised concerns about the status of cell tower leases, which had expired in August. The council assured that they are working on new agreements with providers and are open to additional providers in the future. This development could enhance the borough’s telecommunications infrastructure.

Mayor Thomas A. Giordano introduced Tatiana, the new borough administrator, expressing confidence in her leadership. Tatiana reported on recent repairs to the water department’s booster station, addressing temporary pressure loss issues. She also shared updates on the upcoming installation of playground equipment at the Lions Playground and an HVAC roofing project at the Pistol Range.