Sunday, October 3, 2010

My key platform points.... more action points and detail to follow

My key "issues" and platform points.  I will add more detail and action points over the next 10 days.....



·        In order to do my share to reduce the cost of municipal government, I will not accept any monetary benefit from my Township Committee service – including salary, pension and healthcare benefits.

·        Accelerate Township debt reduction (Montville’s mortgage).  Do not borrow over the next three years except for emergent items and replacing of essential equipment.  The resulting expense reduction would enable us to deliver essential services and avoid unnecessary layoffs while reducing the tax burden on our residents.
·        I will advocate for complete transparency and open government.  This should be done via a new local ordinance that adopts Senator Joe Pennacchio’s “Transparency in Government Act” legislation.

·        Establish a 3-year operating budget plan.  This tool will enable us to forecast expenses and taxes beyond the current year in an effort to mitigate the impact of “surprises”.  Effective and efficient government through better planning.  This 3-year operating budget plan should be published and made available to the public.
·        Eliminate waste from the municipal budget while avoiding both unnecessary layoffs and cutting basic services
·        Responsibly deliver necessary services and programs within the same budget constraints we experience in our own personal lives
·        Bring a new perspective to local government through his innovative ideas, financial background, business leadership skills, and proven approach to problem solving
·        Set a friendly environment to encourage and support businesses in Montville for long term stability
·        Support and recognize all volunteer/civic groups, emergency services and public services
·        Embrace citizen participation within the government decision making process
·        Truly represent the interests of the citizens of Montville Township




Born and raised in Bergen County, Scott Gallopo is a 1985 graduate of Lehigh University and holds a BS in Finance.  He is a 9 year resident of Montville where he resides with his wife of 23 years Michele, Scott Jr. (19) and Matthew (11).  Scott volunteers a great deal of time to various local organizations and remains committed to being an active member of the Montville Community.  His contributions to the township include many leadership roles for children and young adults.
  •          Coach, Montville Bronco Football
  •          Coach, Montville Warrior Lacrosse
  •          Coach, Montville Flag Football, Wayne league
  •          Vice President, Montville High School Marching Band Boosters Association (M.M.B.B.A.) 2007-2008
  •          President, Montville High School Marching Band Boosters Association (M.M.B.B.A.) 2008-2009
  •          Member, Lehigh University Alumni Wall Street Council 2002-2010
  •          Student Mentor, Lehigh University 1995-2010
  •          Class of 1981 Fund raising Chairman, Bergen Catholic High School 1988-2010

A self-employed management consultant and portfolio manager since 2006, Scott previously served as a Managing Director at JPMorgan Chase from 1989-2006 in the Foreign Exchange and Commodities Division. He played a key role in successfully managing several large international businesses through four major mergers and numerous financial crises. This required a strong focus on reducing expenses while maintaining a high level of service to his clients.  He has held multiple positions in the financial sector throughout the course of his career (currency and commodities products only), and was an active member of the Federal Reserve Foreign Exchange Chief Dealer Committee from 1995-2002.  He helped develop best practices and ethics guidelines that were adopted by the FX trading industry.  In 2006, he retired from JPMorgan to spend more time with his young family.

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