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Entries Categorized as 'City Budget'

General Lee Reminds City Council To Take Inventory Of Budget Year

June 19th, 2017 · 12 Comments · City Budget, City Council

The City Council Monday night conducted its last official meeting for the budget year ending June 30. Citizen fiscal watchdog John Marshall Lee urged them to reflect. Tonight is the last regular City Council meeting of the fiscal year. As we await State final deliberations on revenue to Bridgeport as a City and to Bridgeport […]

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Running A State Without A Budget, Malloy’s “Roller Coaster”

June 14th, 2017 · 4 Comments · City Budget, News and Events, State Politics

That’s the prospect Governor Dan Malloy faces with a new budget year set to begin July 1. As a result, municipal finance officials all over the state wonder about the solvency of their respective local budgets based on projected state revenues. Eventually, a state budget will be hammered out, good, bad or ugly. What if […]

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A City Budget, A State Budget Unfinished, So Many Questions

June 6th, 2017 · 2 Comments · City Budget, City Council, Education, Law Enforcement, State Politics

Hartford is a complete maddening mess in the final days of the legislative session that looks like a special session will be required to pass a state budget. It was one of several topics that citizen budget scrutineer John Marshall Lee addressed to the City Council Monday night. I know that State grants to cities […]

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Council Overrides Budget Veto, Now A Waiting Game On State

May 26th, 2017 · 12 Comments · Analysis and Comment, City Budget, City Council, News and Events

As expected Thursday night the City Council overrode Mayor Joe Ganim’s veto of the budget, an exercise to buy time relying on the state to pass a budget that decides the flow of dollars to the city for the spending year that begins July 1. The state still has not passed a budget so now […]

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As State Financial Questions Linger, Council To Meet On Thursday For Override Of Budget

May 23rd, 2017 · 4 Comments · Analysis and Comment, City Budget, City Council, News and Events

Hartford is a hot financial mess. Both in city proper and state legislative budget deliberations that decide the flow of dollars to Bridgeport. As a result, to buy time, Mayor Joe Ganim vetoed the no-tax-increase budget approved by the City Council. Now the council is scheduled to meet on Thursday to override the mayor to preserve […]

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Buying Time, Ganim Vetoes Budget

May 19th, 2017 · 5 Comments · Analysis and Comment, City Budget, City Council, News and Events

When was the last time a Bridgeport mayor vetoed the city budget waiting on the state to get its act together? That’s what Mayor Joe Ganim has done to buy time as the state legislature works its way toward a state budget negotiating an ocean of red ink. The budget year starts July 1.

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State Legislative Leaders Balk At Malloy’s Proposal To Cut Municipalities

May 12th, 2017 · 3 Comments · City Budget, News and Events

State legislative leaders are not crazy about Governor Dan Malloy’s proposal to slice $19 million to cities and towns, including $1.9 million due Bridgeport, to close a state budget deficit for the fiscal year ending June 30.

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Ouch! Malloy Slashes Bridgeport Slot Take

May 11th, 2017 · 11 Comments · Analysis and Comment, City Budget, News and Events

Governor Dan Malloy’s deficit-mitigation plan to the state legislature may cause more financial pain for municipalities for the budget year ending June 30, including slashing $1.9 million due Bridgeport from the tribal casino slot take. If it goes through it could cause belt tightening for the city to avoid a year-ending deficit with just seven […]

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