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Entries Categorized as 'City Budget'

City Council Sets Mil Rate, Ganim Signs Budget, Claims Lower Tax Burden, Walker: Disease Has Not Been Treated

May 27th, 2016 · 35 Comments · Analysis and Comment, City Budget, City Council, Education, News and Events

UPDATE: Mayor Joe Ganim announced on Friday he has signed a $552 million budget approved by the City Council that sets a mil rate at 54.37 for real estate and personal property and includes a motor vehicle mil rate at 37 per a state-mandated cap. Ganim asserts, despite the rate increase from the current year […]

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Ganim Praises City’s Legislative Delegation For Delivering Extra Bucks

May 25th, 2016 · 32 Comments · Analysis and Comment, City Budget, News and Events

For years the city’s legislative delegation has been criticized for its lack of harmony to drive home more state dollars. This latest session seems to be a different story. Surrounded by state legislative leaders Martin Looney and Brendan Sharkey on Tuesday, Mayor Joe Ganim thanked the city’s legislative delegation for its hard work rescuing millions […]

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The Volatility Of Pension Payments

May 24th, 2016 · 12 Comments · City Budget

To most observers, analyzing the municipal budget is a serpentine exercise in frustration. What’s fixed? What isn’t? What can be chopped? What must stay? Even with the best intentions at hand, paying pension obligations takes its toll on city taxpayers. For the budget year that begins July 1, the city received state legislative support to restructure […]

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This Way To The Easel–Third Graders Quiz Mayor Joe And We Learn Something

May 23rd, 2016 · 1 Comment · Analysis and Comment, Best of Bridgeport, City Budget, Development and Zoning, Education, News and Events

Leave it to third graders to ask the most basic–but to the point–questions. Do you get mad? What did you want to be growing up? Is it hard being a mayor? Third graders at Dunbar School visited the mayor’s office on Monday. In addition to their questions we learned what Mayor Joe Ganim is working […]

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City Council Committee Approves Sale Of Eight Acres Of Golf Course Land To Sacred Heart For $4 Million

May 19th, 2016 · 28 Comments · City Budget, City Council, Development and Zoning, News and Events

UPDATE: The City Council’s Contracts Committee Wednesday night by a 5-0 vote approved the sale of eight acres of “excess” golf course property at Fairchild Wheeler to Sacred Heart University for $4 million that had been previously approved by the Parks Commission. Sacred Heart wants the park property that abuts its campus for land coverage purposes to […]

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Looking At Financial Reflections

May 17th, 2016 · 4 Comments · City Budget, City Council, News and Events

Some people look at a mirror and like what they see. Others, not so much. Addressing the budget process, citizen fiscal reflector John Marshall Lee asked the City Council Monday night “Did you look at yourself in the mirror?” From Lee: Is the budget process complete for 2017? Or are you waiting for shoes to drop […]

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Proposed Sale Of Excess Park Property Will Receive Public Hearing

May 13th, 2016 · 13 Comments · City Budget, City Council, Development and Zoning, News and Events

A proposal by Sacred Heart University to purchase eight acres of wooded-wet property from Fairchild Wheeler that hosts two municipal golf courses will be referred to the Contracts Committee at Monday night’s City Council meeting. Under the proposal the city will receive $4 million and the property must remain in a natural state for perpetuity and […]

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Fore! SHU Wants Piece Of Golf Course Land, Park Board Approves Veterans Memorial For SHU Tennis Courts, Roach: Great Deal For The City

May 12th, 2016 · 48 Comments · City Budget, City Council, Development and Zoning, News and Events

UPDATE, initial story reported lease instead of sale. The burgeoning Sacred Heart University wants to purchase roughly eight acres of wooded-wetland property from the Bridgeport-owned Fairchild Wheeler golf course that abuts its campus and develop property on Veterans Memorial Park for six tennis courts off Park Avenue. The university, undergoing explosive growth, apparently needs the golf […]

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