Middletown Township CFO Trasente Resigns

Here we go again...

Seems as though last Friday, October 4th, was Middletown CFO Nick Trasente’s last day on the job.

There was a resolution ( see below) adopted at the Township Committee’s Workshop meeting this past Monday night, October 7th, which states that he has agreed to work on an interim basis – at $80 per hour for up to 10 hours per week – until January 31, 2014.

We are told that Trasente, who had been Township CFO since March 2010 and was earning close to $143K a year, resigned to take a job with Somerset County. 

There was a sugary article in Tuesday’s APP about it with accolades from the mayor for Trasente, whom we are told simply left for an opportunity that better suited him.

However, there’s reason to suspect there may be more to the story than just the usual departure for greener pastures.

It was recently revealed on this blog that Trasente lied in a May 10, 2013 memo he sent to Township Committeeman Fiore. Trasente implied that the Township’s accounting system had been updated timely to reflect accurate library reserves when it was not. Trasente’s claim was repeated by Fiore himself in an email Fiore sent to the library board on May 14th, an email Fiore has done his best to downplay...

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