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Entries Categorized as 'City Budget'

City, Fire Union Reach Concession Agreement, Will Cops Step Up? Ganim Appoints Thode Fire Chief

February 24th, 2017 · 12 Comments · Analysis and Comment, City Budget, Firefighters, Law Enforcement, News and Events

UPDATE: Mayor named Thode fire chief today (Friday) Mayor Joe Ganim on Wednesday was joined by local Fire Union President Robert Whitbread and acting Chief Richard Thode to announce the city and union have reached a wage agreement on a contract extension through 2020. Ganim says the agreement will save the city more than $1 […]

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Who Are Watchdogs On City Council?

February 23rd, 2017 · 11 Comments · City Budget, City Council, News and Events

City fiscal examiner John Marshall Lee Tuesday night encouraged City Council members to step up their watchdog roles in the city budget process. From Lee: Three weeks ago Kenneth Flatto, City Finance Director, sent out the Comprehensive Annual Financial Report (CAFR) for FY 2016 as required along with his letter to us all before the […]

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City Reaches Tax Settlement With Trash-To-Energy Plant

February 22nd, 2017 · 7 Comments · City Budget, Development and Zoning, News and Events

The city has resolved a 10-year assessment battle with Wheelabrator Bridgeport, the waste-to-energy facility in Bridgeport’s West End serving 25 municipalities in three Connecticut counties. The settlement ends a tax appeal lawsuit that made its way through various state courts in which Wheelabrator asserted a “grossly inflated valuation that the city simply fabricated.” For background […]

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Revenue Resuscitation, Debating Malloy’s Hospital Tax To Cure City Finances

February 14th, 2017 · 12 Comments · Analysis and Comment, City Budget, City Council

Is Governor Dan Malloy’s hospital tax proposal just what the doctored ordered to aid fiscally troubled cities? Malloy’s two-year, $40 billion budget proposal calls for a new property tax on hospitals expected to raise more than $200 million statewide with about $20 million of that earmarked to Bridgeport from its two acute care facilities. It’s […]

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The Dollars And Cents Of Taxpayer Investments

February 14th, 2017 · 4 Comments · City Budget

Fiscal bloodhound John Marshall Lee spends days and nights examining financial reports to raise questions about spending justification. Does a purchase jibe with what’s good for city taxpayers? He addresses a number of issues in this commentary including his take on City Hall’s consideration to relocate the statue of electrical pioneer Lewis Latimer. From Lee:

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Governor, In Budget Address, Stresses Additional Aid To Cities

February 8th, 2017 · 9 Comments · City Budget, News and Events

 Stream of governor’s speech. Asserting “if a city has a mil rate over 40, not only is that city failing its residents, but Connecticut is failing that city,” Governor Dan Malloy on Wednesday issued his budget address to the state legislature proposing additional aid to the cities that need it most. Bridgeport will have a clearer […]

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Malloy Promises To Ease Mandates On Communities, Will City Benefit?

January 31st, 2017 · 11 Comments · Analysis and Comment, City Budget, News and Events

The current session of the General Assembly is expected to experience a number of twists and turns as municipal leaders seek passage of new local revenue sources rather than totally reliant on property taxes as well as funding from a slashing state government. Governor Dan Malloy will issue his budget address next week that he […]

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Pricey Public Safety Consultant Chapman Also Had Difficulty Controlling Overtime As Chief

January 30th, 2017 · 16 Comments · Analysis and Comment, City Budget, Law Enforcement

Mayor Joe Ganim’s public safety consultant Wilbur Chapman, hired at $120,000 per year to reel in police overtime, had trouble doing that very thing when he was Bridgeport police chief even though he had 100 more sworn officers at his deployment disposal, according to a review of overtime statistics and staffing levels provided by multiple […]

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