Samuel Adenbaum
Treasurer, Lower Merion Township

Experience * Trust * Innovation

Office

Samuel Adenbaum collects approximately $190 million annually in School, Township and County taxes and Township Sewer fees.  This amount is the largest collected by any municipal tax collector in the Commonwealth and ranks only behind Philadelphia and Pittsburgh in collections.

Qualifications

Sam Adenbaum has an MBA from the Wharton School with emphasis in accounting and transportation, and graduated cum laude from Lafayette College.  Sam has over twenty-five years of experience in corporate management, including in the Finance, Purchasing, Transportation, and Information Technology departments at Conrail where he served as Assistant Vice President and head of the Information Technology department.  Through STA Technology Consulting, Sam provides financial and information technology consulting services to businesses and individuals.  The combination of business, finance and technology experience and skills make Sam Adenbaum the best candidate to lead the Lower Merion Township Treasurer's office.

Bruce Reed, President of the Lower Merion board of Commissioners says, "Sam Adenbaum has brought two critical talents to the office Township Treasurer, combining his business background with an extensive knowledge of information technology.  As a result, he is progressively revolutionizing the operation of the office of Township Treasurer, providing greater efficiency and accessibility for Township residents."

Since being appointed by the Lower Merion Board of Commissioners in January, Sam Adenbaum has been a hands-on Treasurer.  On a daily basis, he directly manages every aspect of the operation of the office. He is always accessible to the public, the Township, School Board and County.

As John McKelvey, former Chief Financial Officer of Conrail noted, “Sam’s character and moral values are inimitable.  His judgment is flawless.  During my business career, I have never worked with anyone who could consistently improve processes and operations as much as Sam.”

Goals and Accomplishments

Sam Adenbaum wants to continue to provide outstanding service to the taxpayers of Lower Merion Township.  Modernizing the Treasurer’s Office to improve efficiency, he has been automating every aspect of the office and using the latest technology to track payments and manage operations.  He has implemented new accounting software to manage internal operations and ensure that tax collections are handled promptly and residents do not overpay.  The Treasurer’s Office has adopted digital archives to reduce costs and improve quality.  Sam Adenbaum has made tax bills available on-line to ease communication between residents, mortgage companies and the Township for fast and accurate answers about taxes, and to facilitate on-line payment of taxes for their convenience.  These innovations will help to ensure a fiscally sound Lower Merion Township, so that it can retain its AAA bond rating and reduce expenses.

Sam Adenbaum will work with the Township and School District to introduce new software to track all taxpayer receivables from a single software database, further improving the efficiency of the office.  Sam Adenbaum's financial and technology skills make him the best person to manage this transition.

Commitment to Our Community

Sam Adenbaum is a long-time, full-time, year-round resident of Lower Merion.  He lives in Bala Cynwyd with his wife, Gilda Kramer, and their two children, Jacob and Benjamin, who attend the Lower Merion public schools.