Date: Fri 01-Aug-1997

By Previous Employees

Published: Aug 11, 1999 12:00 am

Publication: Bee

Author: DONNAM

Quick Words:

O'Malley-WCFCU-Credit-Union

Full Text:

O'Malley To Head Credit Union

(with head shot)

Edward O'Malley was appointed president/CEO at Western Connecticut Federal

Credit Union, according to Linda vonAhn, chairman of the board, WCFCU.

Accepting the leadership responsibilities at WCFCU, Mr O'Malley identifies

several major issues on which the organization will immediately focus its

efforts: provide better member services, increase membership and deliver more

technology, enabling new services.

Mr O'Malley brings to WCFCU over 25 years' experience in the financial

industry. Most recently he was a partner in the accounting firm of Ruzek

O'Malley Wall, joining the firm in 1986 and primarily concentrating his

efforts with corporate clients in audit, consulting and tax matters.

He served for six years as controller of the Financial Accounting Standards

Board and the Government Accounting Standards Board in Stamford.

Mr O'Malley previously served as manager of treasury operations for a public

utility company and assistant treasurer of a private international

construction company. He also spent three years as a member of the audit staff

of Arthur Young & Company, New York.

Mr O'Malley received a bachelor of science degree in accounting from Fordham

University. He received his MBA in finance from the University of Connecticut

and is a certified public accountant. He is a member of the American Institute

of Certified Public Accountants and The Connecticut State Society of Certified

Public Accountants. He has been a licensed CPA since 1985 in Connecticut.

He has also taught all upper level accounting (advanced accounting 1 and 2,

auditing, contemporary accounting theory, intermediate, financial and

managerial accounting), corporate and individual tax and finance courses at

Fairfield University and Western Connecticut State University, and was an

Assistant Professor at Teikyo Post University from 1986 to 1991. He has also

conducted preparatory courses for CPA Exam candidates for O'Malley's CPA

Review and Person & Wolinsky.

He was president of the Parish Council for Saint Elizabeth Seton Church,

Ridgefield. He resides in Danbury.

Silver Alert For Blue McGrath Ended

Top Of The Mountain

Cargo Van Driver Taken To Hospital Following Collision With Gas Tanker

Knotweed Initiative Program Planned

Newtown Cultural Arts Commission Grant Application Deadline Approaching

Well that is some spin. The Democrats have a super majority on the LC and passed the Education Budget without serious consideration of if the voters could afford the multi million dollar increase. "Was the request justified?" rather than "is this needed?" and "can the voters shoulder yet another large increase?" The voters rightly sent it back. Then for some reason all the discussion around reductions to the increase seemed to be coming from the classroom, rather than administration and overhead costs. Is this a coercive tactic to manipulate parents into supporting the budget like tacit threat of cutting freshman sports was two years ago? Who believes the Democrats did not caucus privately before the meeting and came in with a number already worked out? This is the Dems budget, they own it.

Education Cuts: Who Voted For What

I think it is important that we do not villainize every black box seen around a home, business, farm, or municipal property. A black exterior station does not always mean rat poison is being used. These stations can hold a number of different products, including monitoring blocks, snap traps, non-toxic bait, anti-tick bait stations, organic salt- or cornmeal-based control products, and newer fertility-control approaches intended to reduce rodent populations without traditional poisons. The better conversation, in my opinion, is not simply “black boxes are bad,” but rather: what is inside them, who is maintaining them, and whether the rodent issue is being managed responsibly. Exclusion, sanitation, trapping, habitat reduction, and careful monitoring should all be part of a responsible IPM strategy. To be fair, on my own property I do use rodenticides, including Bromethalin and Bromadiolone, in secured bait stations. But that is a choice I make for my property, based on my circumstances and the risk I am trying to manage. I also believe property owners should understand the tradeoffs and be encouraged to use the least harmful effective method whenever possible. I support protecting Newtown’s wildlife. I also support giving residents accurate information and not assuming that every black box represents reckless or unsafe pest control. The goal should be responsible rodent management, not fear of the box itself.

Discusses Policy Against Rodenticides

Debora, thank you! I accidentally doubled the project prices by adding the bond to the appropriation. Thank you so much for catching that and pointing it out. With the corrected numbers, the voters approved a combined $1.32 million for a salt shed ($600k) and library pavement ($720k), while rejecting the $1.12 million replacement turf. Regarding the 80s, I truly respect the hurdle of 14% mortgage rates. My point is simply that the math has shifted: in 1980, while the rates were higher, the price of a home relative to earnings was significantly lower. We are facing a different, but equally crushing, financial wall. Ultimately, it is disheartening that voters who recognized safe sidewalks and parking lots as essential, dismissed a playing field in the exact same condition. The turf has passed its life cycle and is just as much of a liability as the library’s pavement, the only difference is that this safety concern affects thousands of children who, coincidentally, cannot vote. These are apples-to-apples needs. I was hopeful our community would agree that all Newtown residents deserve safe conditions, regardless of which facility they utilize. Again, I would be remiss not to mention that when 82% of residents don’t show up, we have to deal with the interests of those who did. Hopefully, the next referendum will have a bigger turnout.

The ‘Me’ Generation

Thanks for the reply. I meant the numbers you presented in your letter. I found one place where other numbers were listed: https://www.newtownbee.com/04232026/get-out-and-vote-on-the-2026-27-proposed-municipal-and-school-budgets/?q=\\\%22advisory%20questions\\\%22. In that article, the numbers were cited as: Treadwell field: $1,125,000 Library: $720,000 Salt Storage: $600,000 As one who started out in the early 80's when inflation was double digits, my 1985 mortgage rate was 14%, and child care costs were comparable (in present value), I shared your grief but never considered the voters ironic or shameful. PS. I agree college tuition is ridiculous. Thankfully, universities are offering (or considering) waiving all or most tuition for middle class families (upwards of $200,000 incomes). Hopefully, they'll also reconsider their need for those funds in the first place.

Sure! Child care costs: https://www.ffyf.org/2022/10/13/data-child-care-prices-continue-to-rise-ahead-of-midterm-elections-outpacing-inflation/ (also from 2021-2025 we had 2 children in a local daycare in Newtown and it cost us $3200 a month, so that's a number I am very familiar with) Home price / median price vs income source: https://www.jchs.harvard.edu/home-price-income-ratios Tuition increase vs inflation: https://feed.georgetown.edu/access-affordability/noting-a-decline-in-middle-class-students-colleges-provide-more-aid/ Hope this helps :)

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Date: Fri 01-Aug-1997

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