On Monday Mayor Joe Ganim announced a surplus of roughly $4.6 million for the fiscal year that ended June 30, 2017. A few hours later the Board of Education voted 7-0 to urge the mayor to hand it over to the school system.
From Brian Lockhart, CT Post:
“I believe today the mayor held a press conference to announce there was a surplus,” said member Maria Pereira. “Seeing that we asked for $3.4 million last year and were given $357,000 and the year before that we asked for $16 million and got zero, I would like to see if we can get a big chunk of that surplus.” Pereira added: “If it truly exists.”
Around the same time the school board was meeting, Flatto was briefing members of the City Council on the state of the budget. He was optimistic that the $15 million deficit was being managed and will be greatly reduced when the fiscal year ends June 30.
Full story here.