PARSIPPANY — Mayor Soriano Issues Proclamation for National Gun Violence Awareness.
Planning Board to hold Meeting on Monday, June 7
PARSIPPANY — The Township of Parsippany-Troy Hills Planning Board will hold a meeting on Monday, June 7, at 7:30 p.m.
Click here to download the agenda.
Morris County Earns Top AAA Financial Rating With S&P and Moody’s
MORRIS COUNTY — Moody’s Investors Service and Standard & Poor’s (S&P) Global Ratings have both given their top AAA rating to Morris County’s financial stability in reviewing the county’s general obligation bonds and the county guaranteed bonds offered through the Morris County Improvement Authority, with S&P ranking the county’s credit characteristics above the United States.
The rankings, issued separately last week in reports released by the rating agencies, continue a AAA ranking Morris County has maintained for decades. The underlying consensus of the rating agencies is that Morris County has strong credit, a stable financial outlook and that the county continues to be forward-thinking, planning strategically in the face of major risks such as the COVID-19 pandemic and the potential for cyber-attacks.
“In retaining the county’s AAA rating with S&P and again with Moody’s, both rating agencies recognized the county’s quick and prudent response to the COVID-19 pandemic. We are proud of our efforts that saved lives and livelihoods, as we led the state in safely keeping businesses opened and our residents employed,” said John Krickus of the Morris County Board of County Commissioners, who also is the board liaison to the county finance department.
Savings for Taxpayers: The AAA rating benefits everyone in Morris County.
The AAA rankings allow Morris County and the municipal agencies within the county to take advantage of the best possible interest and financing rates when borrowing or bonding for major projects, therefore saving taxpayers hundreds of thousands of dollars annually. It is akin to having an exceptional personal credit rating because it reflects the ability of the county to meet its financial commitments. Obligations that are rated AAA are determined to be the highest quality, with the lowest credit risk.
“Morris County’s GO (general obligation) bonds are eligible to be rated above the sovereign because we believe the county can maintain better credit characteristics than the U.S. in a stress scenario,” S&P concluded in its assessment report.
Pandemic Planning and Response a Major Factor
Both S&P and Moody’s continued to emphasize that their ratings reflect Morris County’s detailed, planned response to the COVID-19 pandemic and continued diligence in addressing all potential impacts of the virus through the formation of a COVID-19 Strategic Planning Advisory Committee.
“The AAA rating reflects the county’s substantial tax base, strong and diverse economy, very high resident wealth and income, healthy reserve levels, and modest debt burden. The rating also reflects a long trend of strong, proactive financial management,” Moody wrote. “Although the pandemic has had a negative impact throughout the state, Morris County’s credit quality has not been impacted. The county created a COVID-19 Strategic Planning Advisory Committee, which meets regularly and has implemented a variety of measures to reduce the impact. The county’s largest revenue, property taxes, is guaranteed by its constituent municipalities.”
S&P underscored a similar assessment.
“We view the county’s management as very strong, with strong financial policies and practices under our FMA (Financial Management Assessment) methodology, indicating financial practices are strong, well embedded, and likely sustainable,” S&P concluded. “County officials quickly reacted to the pandemic and set up the COVID-19 Strategic Planning Advisory Committee, composed of county commissioners and management. The committee aimed to undertake an all-encompassing review and analysis of Morris County’s services, method of delivery of those services, and financial conditions over the next six years (2020-2025). We also viewS&P Global.jpg positively that the county has taken active measures to protect itself from emerging risks, such as cyber risks.”
The Morris County Board of County Commissioners noted the county’s prudent financial planning also enabled them to adopt another budget this year that maintains a robust capital spending plan while preserving services and programs that receive popular support from the public.
“We’ve maintained our AAA rating because Morris County is very prudent in how we fiscally manage our operations. Yet, while holding the line on county taxes, we are again moving forward this year with critical infrastructure projects at the same time we are directing spending toward key educational, human services, public safety, cultural and economic initiatives that serve all 39 Morris County municipalities,” said Commissioner Deputy Director Deborah Smith, who also is Chair of the Board’s Budget Committee.
The reports from the two rating houses were released in regards to the county’s General Obligation Bonds totaling $45.2 million, consisting of $37 million in General Improvement Bonds, $1.2 million in Park Bonds and $6.9 million County College Bonds and county guaranteed bonds issued by the Morris County Improvement Authority, consisting of $13.9 million in Guaranteed Renewable Energy Program Lease Revenue Refunding Bonds.
Since the Improvement Authority was established in 2002, the agency has provided towns, school districts, and the county itself with innovative and cost-effective methods of funding public projects while saving tax dollars. Through the authority, towns have been able to borrow under the umbrella of Morris County’s “AAA” bond rating to finance local projects, such as purchasing equipment and vehicles or constructing local facilities, at lower costs thereby reducing the property tax burden on their residents.
S&P’s report noted that Morris County has been able to face financial pressures stressing every county in New Jersey this past year.
“Over the longer term, rising pension, and other post-employment benefits (OPEB) costs may increasingly pressure the county’s budget. That said, we believe the county has sufficient budgetary flexibility to address these longer-term concerns, while management has also demonstrated an ability and willingness to reduce cost pressures, as evidenced by changes to retiree health benefits in 2007,” the report stated.
The S&P report went on to note its ratings reflect S&P’s assessment of the following factors, including S&P’s view of the county’s:
• Very strong economy, with access to a broad and diverse MSA;
• Very strong management, with strong financial policies and practices under our Financial Management Assessment (FMA) methodology;
• Strong budgetary performance, with a slight operating surplus in the current fund in fiscal 2020 according to unaudited results;
• Very strong budgetary flexibility, with an available fund balance in fiscal 2020 of 14.7% of operating expenditures according to unaudited results; while reserves grew in nominal terms, they declined as a share of expenditures due to a one-off increase in appropriations as a result of grant-funded pandemic-related expenditures;
• Very strong liquidity, with total government available cash at 35.5% of current fund expenditures and 3.2x governmental debt service, and access to external liquidity we consider strong;
• Adequate debt and contingent liability profile, with debt service carrying charges at 11.0% of expenditures and net direct debit that is 105.5% of current fund revenue, as well as low overall net debt at less than 3% of market value and rapid amortization, with 87.6% of debt scheduled to be retired in 10 years, but a large pension and OPEB obligation; and
• Strong institutional framework score.
Center for Biological Diversity Endorses LD26 Senate Candidate Christine Clarke
MORRIS COUNTY — 26th Legislative District State Senate candidate Christine Clarke has received the endorsement of the Center for Biological Diversity Action Fund, the latest advocacy group to support Clarke’s race. The Center for Biological Diversity Action Fund is the 501(c)(4) political arm of the Center for Biological Diversity, an organization with over 1 million members that advocates for endangered species protection through legal action, grassroots activism, and creative educational content.
The Center for Biological Diversity Action Fund believes that protecting the environment is a bedrock American value that should rise above partisan politics.
“We are thrilled to endorse Christine for the LD26 primary and the general election in November. Christine has been an outstanding champion for wildlife, protecting our environment, and safeguarding our climate. We can’t wait for her to bring change to Trenton and help New Jersey move to a just, clean energy future with clean air and water for all,” said Brett Hartl, Chief Political Strategist.
“As someone who values nature, biodiversity, and environmental conservation, I’m honored to be endorsed by the Center for Biological Diversity Action Fund and will continue to be an ally in the New Jersey State Senate,” said Clarke.
Christine Clarke is an environmental advocate, a grassroots organizer, and a mother-of-four running for State Senate to build the job-creating clean energy economy, advance a green recovery from covid-19, protect clean air and water, improve healthcare and lead with empathy and common decency. To learn more about her click here.
The 26th District includes 13 communities in Essex, Morris, and Passaic counties: Butler, Fairfield, Jefferson, Kinnelon, Lincoln Park, Montville, Morris Plains, North Caldwell, Parsippany, Rockaway Township, Verona, West Caldwell, and West Milford.
Parsippany’s 2021 Memorial Day Video Celebration
PARSIPPANY — Parsippany’s 2021 Memorial Day Video Celebration. Thank you to all our brave military men and women who gave their lives to protect our country.
Grateful Nation by the Lieberman Family
A tribute to America’s fallen, military heroes
Vocals by Melody Lieberman & Peter Lieberman
Written & produced by Peter Lieberman
Scouts Place Flags at Grave Sites to Honor Veterans
PARSIPPANY — On Sunday, May 23, members of Scouts BSA Troop 173, and Girl Scout Troop 96229, in conjunction with members of Parsippany Elks Lodge #2078 placed flags at the gravestones of veterans buried in Parsippany’s historic Vail Cemetery in advance of Memorial Day.
On Saturday, May 29, Scouts from Parsippany Troop 173 and Whippany Troop 155 placed flags at headstones in Gate of Heaven Cemetery in East Hanover to honor veterans interred there.
Matta Donna Ristorante & Pizzeria: Elegant Upscale and Classy Ambiance
BOONTON — On Main Street in the quaint, historic, little downtown of Boonton, it is not difficult to find several popular and excellent Italian restaurants dotted along the rows of small storefront businesses, but just a short drive away on Myrtle Avenue, separated from the crowd, you will find yet another gem you should seriously consider putting on your radar.
Matta Donna Italian Ristorante & Pizzeria, a family-owned, and operated fine dining venue opened its doors in October of 2009, after taking over the prior location of Eduardo’s Pizzeria, which was owned by the Mastria family and which stood at that location for the 30 years prior. As one would expect, after 30 years major renovations were in order and the new owners wasted no time in putting their dream to work. On your visit to Matta Donna’s, you will find an establishment that is somewhat elegant, with an upscale and classy ambiance; yet still manages to feel cozy and comfortable. The well-thought-out setting is undoubtedly an expression of pride by the owners. The vibe is fun, cheerful, and welcoming, and yet somehow exudes a feeling that you are in store for a more sophisticated, formal dining experience. Simply, if you are looking for fine Italian dining which also offers some interestingly cool pizzas, Matta Donna might just be your place.
As soon as you enter you immediately are struck by the beautiful, reddish/brown oak woodwork throughout the interior dining room and bar. The appealing soft hues of the rich wood, which includes the wall paneling, floors, tables, and bar, lends itself to a sophisticated décor and ambiance that immediately exudes a feeling of warmth and comfort. The gorgeous wood is complimented with several pieces of beautiful artwork that adorns the walls and which adds another level of class to this already quietly elegant-looking venue. The dining room is spacious, airy, and nicely lighted by the restaurants’ large windows, and the tables are set up to be in full compliance with today’s pandemic safety requirements.
On entry, we were warmly greeted, thanked for our visit, and offered our choice of tables. We chose a nice corner table with a lot of light. A basket of hot bread (whole grain and Crusty White), butter, and infused Olive Oil quickly arrived, and our drink order was taken without delay. I went with a Woodford Manhattan this evening and the bartender personally came to our table to ask how I like it. He made it to perfection. Nice, personalized service. Our server, Jake, was extremely knowledgeable about the menu, in addition to being very personable, attentive, polite, and efficient at his job, as was the rest of the staff. Our menus were brought, and water was poured as our group looked over the multiple appetizing looking menu options.
Zach Joyce, who along with his brother, Edward, owns and operates this family-owned, independent eatery stopped by our table which gave me a chance to get some background information on Matta Donna. I was curious about the name of the restaurant, which being of Italian heritage, I knew translated to “Crazy Woman”. Zach laughed and explained that though the name does mean “Crazy Woman” it actually came from a ranch the family had owned in Wyoming, where there is an area called “Crazy Woman Creek” and that it is not a reference to anyone in particular. Zach told me that his brother, Ed, a classically trained Chef, runs the kitchen while he runs the front of the house. Mother, Barbara Joyce, who is also a classically trained pastry Chef, does not work in the restaurant but does supply them with several of her specialty desserts. Zach made it clear that all three have their roles in serving the area with fine, gourmet Italian cuisine, and of course, those specialty pizzas.
My inquiry then led to the bar’s countertop, which I previously knew has quite an interesting back story. The bar’s countertop is comprised of teak, which was acquired from salvaged deck planks directly from the USS North Carolina, the most decorated battleship during WWII, and which was involved in every major naval offensive in the Pacific during that time. Interestingly, North Carolina was being restored around the same time that the restaurant was being renovated. The somewhat rotted ship planks which were being replaced were acquired by Min-Craft Custom Cabinetry in Dover who meticulously restored the planks and utilized them to create the unique top of the appealing bar. Being a Navy veteran, I found this particularly exciting, not to mention patriotic and historic. The USS North Carolina, once considered the World’s greatest sea weapon, is presently a tourist attraction in Wilmington, NC. It was nice to see Zach express such pride in his family and their restaurant.
Time to eat! For our appetizers, we decided to share one of their small pizza’s that I have heard good things about, the specialty Goat Cheese and Caramelized Onions Pizza. We also went with the
, with roasted red peppers and fresh mozzarella cheese, with a balsamic reduction, and the Shrimp Special. Did I mention, to complement your meal they offer a nice variety of wines at reasonable prices. All the appetizers were delicious. I would not have ever thought of ordering a Goat Cheese pizza, but I found it delicious and perfectly prepared. Tasty, thin-crust (you can order it thin or regular crust) and fully cooked to a nice, crunchy texture. The Sausage married perfectly with the peppers and mozzarella and was a treat; and the Shrimp, sweet with a deliciously tender texture, covered in a slightly creamy sauce. Great start!
For an entrée, I decided on their Cowboy Rib Eye, an 18 oz grilled, bone-in, Angus steak, topped with garlic-herb butter and served with hand-cut fries and sauteed green beans. My guests went with the Grilled Filet Mignon, served with sautéed mushrooms, and roasted red peppers, with a cabernet wine sauce; served with roasted potatoes and broccoli, and the Veal Cutlet Parmesan, served over pasta. The Cowboy Steak was prepared to melt-in-your-mouth excellence, savory, juicy, well-seasoned, and cooked perfectly to my specifications. The ample amount of cut fries were nice and crispy, and the green beans were fresh and slightly crunchy to the bite. The Filet Mignon and Veal Parmesan, which I, unfortunately, did not get to try, were also met with rave reviews. By now, everyone was clearly happy and satiated but how could you leave without one of Barbara’s decadent desserts.
I went with the homemade Blueberry Tart. Bursting with the fresh flavor of blueberries, with a deliciously textured homemade crust, this was a decadent and delectably good choice. Not too sweet, not too tart, exactly right! Went great with a meal ending Cappuccino. My guest’s Chocolate Lava Cake was also a home run.
Matta Donna was a great stop. Delicious food, excellent service, moderate prices, great people, and what looks like a great bar scene. Next stop, I might just have to hit up the bar to enjoy one of their sandwiches, or a burger, both of which I hear is excellent; along with a beer or two. I certainly would recommend stopping in and giving it a try. I am confident you will enjoy your dining experience, I did.
Private Parking Lot, Dine-In, Take-Out, Delivery, Curbside Pickup
Hours of Operation: Monday and Saturday 4:00 p.m. to 10:00 p.m.; Tuesday through Friday 11:30 a.m. to 10:00 p.m.
Northern Italian Restaurant with Full Bar Service- Pizza, Pasta, Chicken, Beef, Pork & Vegetarian Meals.
Matta Donna Ristorante & Pizzeria is located at 304 Myrtle Avenue, Boonton. (973) 334-7138; https://www.mattadonna.com
Bhargava Reddy Mamidi Completes Trine University Degree
PARSIPPANY — Bhargava Reddy Mamidi completed the requirements for a degree from Trine University at the end of the Spring 2021 semester.
Mamidi earned a degree in Master of Science in Information Studies at Trine.
Trine University, an internationally recognized, private, co-educational, residential institution, offers associate’s, bachelor’s, master’s and doctoral degrees in the Allen School of Engineering & Computing, Ketner School of Business, College of Graduate and Professional Studies, College of Health Professions, Franks School of Education, Jannen School of Arts & Sciences and Rinker-Ross School of Health Sciences.
Trine is a member of the Michigan Intercollegiate Athletic Association and offers 36 intercollegiate sports, 27 of which compete in NCAA Division III. Its golf program includes the university-owned 18-hole championship Zollner Golf Course. Founded in 1884 and accredited by the Higher Learning Commission of the North Central Association of Colleges and Schools (www.ncahigherlearningcommission.org), Trine operates a 450-acre main campus in Angola, Indiana, and the College of Health Professions in Fort Wayne, with education centers in Detroit, Michigan, and Phoenix, Arizona, and programs available worldwide through TrineOnline.
Students Celebrate Memorial Day with a Red Poppies Commemoration
PARSIPPANY— Ceramics students at Parsippany Hills High School created red poppies in commemoration of Memorial Day. The red poppy has long been a symbol of remembrance to those who served and sacrificed in our country and thus, we created our own poppy field on the front lawn of the school. Red poppies are scattered around the front entrance area of the school, along with signage explaining the installation.
The students wanted to honor our fallen heroes and bring awareness to our students about the significance of Memorial Day.
