- Associated Press - Wednesday, June 8, 2016

ATLANTIC CITY, N.J. (AP) - The state’s fiscal monitor for Atlantic City says he’s stepping down.

Ed Sasdelli told The Press of Atlantic City (http://bit.ly/24AdmS8) that he submitted his resignation Friday to the state’s Community Affairs Department. He says his last day on the job will be June 30.

Sasdelli has helped the city manage its finances for more than five years. He told the newspaper that the new challenges related to the state takeover bill require a monitor who can work more than part-time - something he can’t do because he receives a public pension.

Sasdelli said he submitted his resignation now to give the state time to transition and find a replacement who can devote more hours to the job,

Sasdelli was previously a township manager in Hamilton, Evesham and Franklin townships.

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Information from: The Press of Atlantic City (N.J.), http://www.pressofatlanticcity.com

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