Clifford A. Goldman *75

Clifford Goldman, New Jersey state treasurer from 1976 to 1982 and an expert in public finance, died of leukemia Sept. 16, 2018, at age 75.

Goldman graduated from Rutgers in 1963 and earned an MPA in 1965, and a Ph.D. in 1975, from Princeton’s Woodrow Wilson School. In 1974 he became New Jersey’s deputy state treasurer, and in 1976 the state treasurer under Gov. Brendan Byrne ’49. He was a principal architect of Byrne’s school-reform package, which led to the state’s first income tax.

As state treasurer he proposed state-aid plans, approved by the Legislature, that raised all school-bond ratings. Goldman also implemented his proposals for savings and improvements that served to return the state’s credit rating to triple-A.

During the 1983-84 school year he was a visiting lecturer in public finance at the Woodrow Wilson School. At this point, Goldman had established his own financial-consulting firm, Goldman, Beale Associates, which advised many of the largest cities in New Jersey and many of its state agencies. He also served Govs. Richard Hughes and William Cahill and assisted transition planning of several later administrations.

Goldman is survived by his wife, Irene; two sons; and one granddaughter.

Graduate memorials are prepared by the APGA.