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Improving Your Quality of
Life |
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Since 2004, Mayor Pontieri’s
administration has taken a hard
line on improving the quality of
life for the residents of the
Village of Patchogue. |
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- We replaced
the Smithport Hotel and the
White House, the two blighted
boarding houses on South Ocean
Avenue that housed over 120
people, with Bay Village. This
$15 million dollar private
investment consists of 63
high-end town houses. |
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- We replaced
the Halcyon Manor, an
overcrowded boarding house on
Bay Avenue, with a new Patchogue
Village Parks and Recreation
Center, a $1.5 million dollar
village bonded project that is
scheduled to open in spring
2012. |
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- The Town of Brookhaven
purchased five acres of open
space next to the new recreation
center on Bay Avenue for $1.5
million dollars. The property
was recently planted with native
species of trees and shrubs
through a New York State
cost-sharing grant from the
Environmental Protection Fund. |
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- We closed or brought into
compliance 12 overcrowded and
blighted boarding houses, making
neighborhoods safer for
residents. |
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-We worked with our
public safety director to
increase patrols without
increasing costs to the tax
payer. |
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Financial Stability in
Difficult Economic Times |
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Mayor Pontieri’s conservative
approach to the village’s
finances have improved our
fiscal position and saved
taxpayer dollars. |
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- The Village of Patchogue's
yearly external audit, which was
recently conducted, indicates
that we are in a very strong
financial position. According to
the auditor, Chris Reino of
Cullen & Danowski, our village
is in a much better fiscal
position than many of the other
villages and school districts
that they handle. |
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- We now have a $3.2 million
dollar surplus. In 2004, when
Mayor Pontieri took office, our
surplus was at a low of
$450,000. |
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- In 2004, our bond rating was
just above 'junk bond" status.
We now have a Moody's rating of
A1, which gives the village a
preferred interest rate that
will save taxpayers many
hundreds of thousands of dollars
when we borrow. |
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- The village has recently been
audited by New York State; the
results will be made available
in three to six months. |
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