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would still be a couple years. Mr. Brandman stated when he came to Jackson about five years ago the Postmaster was retiring and the new Postmaster, Mr. Ryan, had to remove five barcode sorters into a trailer and because of the growth in Jackson they now have three trailers and Ocean will only allow him to keep those trailers for a certain period of time. Councilman Stallone stated he spoke with Mr. Ryan and everyone is aware of the situation and trying to push ahead as fast as possible and even contacted Congressman Smith's office. Mr. Brandman stated he first heard they were thinking of moving it into the Town Complex and he was opposed to that because as a former postal employee he knows you do your business where the majority of the population is and he felt it was on the northeast quadrant of Jackson and by moving it to the complex would put an unfair burden on the majority of Jackson residents and suggested inviting Mr. Ryan to a Township meeting so people could ask questions.

KAREN BORGA-24 CAMINO ROBLE, TOMS RIVER: She introduced herself as the Pathfinder Chairperson who was filling in for another Pathfinder member, Tony Santamaria, stating on December 13, 2004 the prior administration passed Resolution 597R-04 approving a recreation trail program grant application that pertained to improving the trails and many other items. The application was approved in September of 2005 for $25K and with the help of Mr. Santos and Mr. Gilmore’s office the deed transfer was completed. She stated Tony and Eric Schubiger went to the Bunker Hill Bogs to review the grant proposal on site and stated Eric was an enormous help and showed great interest in assisting and then directed Tony to the Building Department to proceed with the permit process for the bird viewing platform, tree removal and parking lot. Tony was informed by the building sub-code official the set of approved plans were not valid and only an engineer or architect could submit plans. He then spoke with Dan Burke and was told he needed written permission from the Council to allow construction on Township property and when he spoke with Administrator Del Turco he was told a written letter from the Mayor was needed. Ms. Borga asked if Councilwoman Ingram could be their liaison and help them with the project. Ms. Ingram agreed. Administrator Del Turco explained he was available during the day for any assistance and stated she has their full cooperation.

PAUL MAYEROWITZ-91 CYPRESS POINT LANE: He stated there was a difference between general accounting principals and government accounting principals. When looking at the 2006 audit he found a revenue of $23.9 million but the actual revenue reported was $42.7 million and a favorable variance difference of $4.8 million. The principal causes for that was about $500K from interest income, $1 million from non-budgeted revenue and $3.4 million to be raised by taxes in support of the municipal budget. On the revenue side they anticipated collecting $22.5 million dollars for taxes but ended up collecting $25.9 million. There was a significant gain in 2006. Then he looked at expenditures that showed they planned to spend $38 million for appropriations. The way the books were reported in 2006 was broken down into two pieces. Those expenses either paid or charged for in 2006 totaled $34.7 million and had a variance of $3.2 million on expenses. The $3.2 million showed up as a reserve in the financial statement. They were favorable by $4.8 million on revenue and didn't spend $3.2 million in expenses and theoretically there should be some large numbers coming out of that for surplus and there aren't because the surplus from year to year is still basically $5 million. He felt he was missing something in governmental accounting. Favorable variances on expenditures were about $1 million in salaries which he didn't understand how they could have unanticipated monies for salaries because everyone gets a paycheck every week. Councilman Stallone explained contracts were still under negotiations at the time and back pay was going to be paid out. Mr. Mayerowitz stated $1 million was in salaries and $2.3 million was in other expenses. He read the footnote and interpreted it as meaning they knew they were obligated to pay $3.2 million of expenses in 2006 that would be paid in 2007. Now it was November and he assumed they knew where the $3.2 million went because it should have been paid out already and asked how much was left. Administrator Del Turco explained governmental accounting is different than what Mr. Mayerowitz was accustomed to. He stated their accounting is cash-based accounting and revenues were realized and put in as revenues and compared against the budget. On the revenue side they anticipate a certain amount for funds for revenue purposes. If there was a revenue shortfall it would be a direct reduction of the fund balance and the anticipated excess would be an increase to the fund balance. He mentioned the unanticipated revenue