Governor Dan Malloy on Thursday vetoed a state budget advanced by Republicans with some crossover support by a handful of Democrats that the governor declares “does not balance, risks potential litigation, and undermines our fiscal stability, educational system, and economic development efforts.” Read the governor’s full explanation in his veto message.
Entries Categorized as 'City Budget'
Malloy Vetoes “Gimmick” Republican Budget
September 28th, 2017 · 5 Comments · City Budget, News and Events, State Politics
Tags: Dan Malloy
Going, But Not Gone Yet
September 19th, 2017 · 8 Comments · City Budget, City Council, City Politics, Development and Zoning, Education, Law Enforcement, News and Events
Only a few regular meetings remain for the current City Council that will be replaced by a new legislative body with some new faces in December. Citizen fiscal watchdog John Marshall Lee revisited some questions he has presented to the current configuration during an address to councilors Monday night.
Tags: John Marshall Lee
Bridgeport Officials: Don’t Screw State’s Largest City When Bailing Out Hartford
September 15th, 2017 · 20 Comments · Analysis and Comment, City Budget, News and Events, State Politics
In an excruciatingly tight–and tardy–state budget season with municipalities across the state facing major cuts, the financially hemorrhaging city of Hartford is poised for a major bailout with oversight strings attached to overt bankruptcy as well as $115 in capital funding over two years for the XL Center. Mayor Joe Ganim and the city’s legislative […]
Tags: Dan Malloy·Ed Gomes·Hartford Courant·Joe Ganim·Marilyn Moore·Nancy Wyman
When A Plan Does Not Go According To Plan
September 6th, 2017 · 2 Comments · Analysis and Comment, City Budget, City Council, City Politics
Pensions, unfunded liability, bonding were some of the topics citizen fiscal investigator John Marshall Lee presented to the City Council Tuesday night. From Lee: Next Tuesday September 12, there are Democratic primaries in nine of the ten districts. Citizen candidates in nine districts decided to run, not because they were organized by the historically influential, […]
Tags: Joe Ganim·John Marshall Lee
Public Hearing Tuesday For Proposed Theater Development Agreement
September 2nd, 2017 · 8 Comments · City Budget, City Council, Development and Zoning, News and Events
A City Council public hearing regarding the city’s proposed agreement with Exact Capital Group to revitalize two shuttered Downtown theaters and build adjacent apartment units will take place Tuesday 7 p.m. in the auditorium of Geraldine Johnson School, 475 Lexington Avenue. See Land Development Agreement submitted to the council last month here. Full agenda here.
Stafstrom: Sales Tax Increase Better Than Raising Property Taxes
August 26th, 2017 · 6 Comments · City Budget, News and Events, State Politics
In an email to constituents a few days ago, State Rep. Steve Stafstrom shares his take on a House Democrats proposed spending package … “a slight uptick in the sales tax is much more palatable than shortchanging our city and schools the funding they need to operate, or risk the city attempting to make up […]
Tags: Steve Stafstrom
‘It’s Funded, Shovel-Ready,’ Pitching Bridgeport As An MGM Star, Waterfront Casino Proposed
September 19th, 2017 · 32 Comments · Analysis and Comment, City Budget, Development and Zoning, News and Events, State Politics
Declaring MGM Bridgeport can be “a major economic force, a top-tier entertainment resort, and an essential contributor to this community,” MGM Chairman and Chief Executive Officer Jim Murren, a Bridgeport native, on Monday shared details of a $675 million waterfront resort for the East End creating thousands of construction and permanent jobs, a guarantee $8 […]
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Tags: Doing It Local·Ed Gomes·Jim Murren·Joe Ganim·Robert Christoph Sr.·Steelpointe Harbor·Steve Krauchick·Toni Harp·Uri Clinton