October 2016
NCVOA October 2016 General Membership Meeting
VILLAGE CREDIT RATINGS 101
Presented by Executives of the Moody’s Investor’s Services
Moderated by David E. Tanner, Mayor and former NCVOA President
Thursday, October 13, 2016-6:30PM
(Please note the date change with respect to the Jewish Holiday of Yom Kippur)
Westbury Manor, Westbury, NY
If we all had to list five reasons for our Board’s success, while many reasons may vary from Village to Village, the one constant item on all of our lists would be sound fiscal management. Our guest presenters this evening will outline documented financial and debt management techniques that lead to better credit ratings, thus reducing borrowing costs.
A good credit rating is the most independent stamp of approval on your administration’s fiscal success. We cannot ignore public opinion that improved credit ratings are evidence of an administration’s fiscal success.
The presentation will be followed up with a roundtable open question and answer session. This is a very special event. Do not miss this unique opportunity to talk one on one with corporate leaders in this area of municipal finance.
Villages are strongly urged to invite their Treasurers or Chief Financial Officers to this very important seminar.
Bernie Ryba
Dear Mayors, Trustees, and Friends:
As the NCVOA plans for our Association’s fall and winter schedule, I would like to take this opportunity to welcome everyone back from their summer vacations. Over the past three months, Executive Director Warren Tackenberg and I have been laying the groundwork to help achieve an important goal of the NCVOA during the coming months – an increase in State Aid for all villages in the upcoming NY State budget. Towards this end, we have had preliminary meetings and discussions with State and local officials. During the summer and at the request of the Governor’s office, I had the pleasure of being introduced and speaking to Governor Cuomo at an invitation only LIRR mainline capital project update meeting in Hauppauge on August 22nd. Additional meetings with State and local officials are planned in order to build a consensus for additional State aid.
SEPTEMBER 15TH ANNUAL DINNER AND TESTIMONIAL
Our 91st annual dinner and testimonial honoring Immediate Past President Barbara Donno was a great success. I would like to especially thank Nassau County District Attorney Madeline Singas as the evening’s keynote speaker and for providing an overview of the increasing problem of illegal drugs which affects all our communities. Special moments during the evening included Ms. Marianela Casas – Governor Cuomo’s Nassau County Representative, presenting Mayor Donno with an executive letter of congratulations from the Governor and a standing ovation by the 230 NCVOA assembled members to thank Barbara for a job well done. NCVOA Executive Director Emeritus Roger
Fay was also recognized by our Association and by Mayor Paul Ehrbar of Williston Park for over 50 years of municipal service.
NEW YORK STATE – MTA CAPITAL EXPANSION PLAN
The MTA’s $27 billion capital expansion plan seems to be “on track” with significant investment planned for Long Island. At a September 21st N.Y.
State Conference on Sustainable Development and Collaborative Governance in Melville, MTA Chairman & CEO Thomas Prendergast announced additional planned investments for the Hicksville train station of approximately $160 million and for Jamaica station totaling about $60 million. The draft environmental impact statement for the third rail expansion of the LIRR main line in Nassau County will be issued in the coming months.
OCTOBER 13TH GENERAL MEMBERSHIP MEETING
Our October 13th general membership meeting will feature speakers from Moody’s Investors Services who will provide insights to the municipal rating process. The presentation will be led and moderated by David Tanner – Mayor of East Williston and NCVOA Past President. Having experienced ratings reviews for the Village of Old Brookville over the past several years, I know first hand the importance of being well prepared for this evaluation and would suggest that your village treasurers attend this most important presentation. My thanks to Mayor Tanner for arranging the evenings speakers on Thursday, October 13th.
Looking ahead, November 10, 2016 (note the date change) will feature NYCOM President Thomas Roach as our guest speaker who plans to discuss NYCOM’s position on State aid to municipalities (AIM). Mr. Wade Beltramo, NYCOM’s General Counsel will also be presenting a seminar on how municipalities should best address zombie homes.
In conclusion, my best wishes to the members of our Jewish community as they begin the observance of Rosh Hashanah.
Yours in good government,
Bernard D. Ryba
President – NCVOA
 NCVOA President Bernie Ryba presented Mayor Donno with a special plaque recognizing her service to the NCVOA |
 The demands of serving as NCVOA President can be more difficult without family support. Mayor Donno’s husband Robbie (r) was presented a gift by NCVOA 1st Vice President Bob Kennedy to thank him for his support |
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 Nassau County District Attorney Madeline Singas was the evening’s guest speaker and applauded Mayor Donno for her efforts as NCVOA President |
 Lisa Black, Director of Intergovernmental Affairs for Governor Cuomo (l), and Rockville Centre Mayor Fran Murray were among the guests saluting Mayor Donno for her service as NCVOA President |
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 Lisa Black, Director of Intergovernmental Affairs for Governor Cuomo (l), and Rockville Centre Mayor Fran Murray were among the guests saluting Mayor Donno for her service as NCVOA President |
 Mayor Donno received a standing ovation following her remarks |
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NCVOA President Bernie Ryba also presented Mayor Donno with a gift and lifetime NCVOA membership card |
 Mayor Donno was busy throughout the evening, meeting and greeting guests. She is shown here welcoming Mineola Trustee Dennis Walsh |
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 NCVOA President Bernie Ryba welcomed the guests and spoke about Mayor Donno’s accomplishments during her tenure as NCVOA President |
 Another view of the main dining room. |
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 The beautiful Westbury Manor garden was a picturesque setting for the cocktail reception that took place on a perfect fall evening |
 Thirteen NCVOA past presidents were among the 230 guests attending the 91st Annual Dinner and Testimonial saluting Mayor Donno |
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The Last Word:
“It is not important that you know all the answers-it is important that you know the questions to ask.” Anon
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