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Convene panel on long-term debt

The Promise

Made on: May 11, 2011
Promise Group: Abele-O-Meter
Promiser: Chris Abele

"Will convene leaders from public and private companies to identify a long-term plan to tackle the County’s long-term debt program."

Promiser:

Chris Abele

Promise Group:

Abele-O-Meter

Updates

2 updates
March 21, 2012

Panel held its first meeting in January

During his 2011 campaign for Milwaukee County executive, Chris Abele criticized the level of debt the county had amassed.

"For years, debt problems were allowed to accumulate while politicians bickered and kicked the can down the road,” he said in March 2011.

The solution? Abele promised to "convene leaders from public and private companies to identify a long-term plan to tackle the county"s long-term debt program."

The panel met for the first time in January 2012 to establish the agenda for the group"s discussions on the county's debt and other long-term liabilities, said Abele's spokesman, Brendan Conway.

The members: businessman-philanthropist Sheldon Lubar, who was part of Abele's transition team; retired Northwestern Mutual chief executive officer Ed Zore, a vocal supporter of Abele"s 2012 county budget; former county official Rob Henken, who is president of the Public Policy Forum government watchdog and research organization; Milwaukee Public Museum president and chief executive officer Jay Williams, a former Private Bank executive; and state Rep. Jason Fields, D-Milwaukee.

The panel's work is still to be done, but Abele's promise was to convene the panel.

We rate this a Promise Kept.

August 4, 2011

A leader for the group has been identified

During his spring 2011 campaign for Milwaukee County executive, Chris Abele criticized the level of debt the county had amassed.

"For years, debt problems were allowed to accumulate while politicians bickered and kicked the can down the road,” he said in March 2011.

The solution? Abele promised to "convene leaders from public and private companies to identify a long-term plan to tackle the county"s long-term debt program."

Abele has been in office for only slightly more than three months. But he is serving only a one-year term. And this is the campaign promise among the 17 on our Abele-O-Meter that perhaps is the easiest to keep.

So, where do things stand?

There"s been a little movement.

Jeff Bentoff, Abele's deputy chief of staff, said the county executive has asked business leader-philanthropist Sheldon Lubar to head an advisory group, to be comprised mainly of private-sector business and financial leaders, that will act as a "sounding board” as Abele"s administration devises ways to tackle long-term debt.

Abele has also talked to other people about joining the group, Bentoff said.

Abele"s plan for addressing the debt will be contained in his 2012 budget proposal, which is due to be presented in September 2011, Bentoff said.

We rate this promise as being In the Works.