As the city tries to close a $20 million budget deficit for the year ending June 30, one of the three major credit rating agencies,
Read moreTag: Ken Flatto
‘Moving Money Around Without Authority’
Citizen budget examiner John Marshall Lee, in his regular address to the City Council, wonders how taxpayer money ends up here and there in secrecy.
Read moreGander Ganim’s Payroll Lineup
How many direct hires has Joe Ganim made since he reclaimed the mayoralty starting December 1? Less than 30, according to a list of discretionary
Read moreFlatto Provides Details About Property Revaluation Outlook
Eight weeks into his job, Finance Director Ken Flatto says he’s feeling more optimistic about the impact revaluation of taxable property will have on taxpayers.
Read moreCity Funds To Bail Out Port Authority Raise Questions About Nunn’s Intent
A nearly $1 million fund transfer in November from an economic development office account to the financially strapped Bridgeport Port Authority approved by then-Chief Administrative
Read moreCity Council To Vote On Bond Refinance Expected To Save $3 Million
The City Council Tuesday night is expected to approve the refinancing of municipal bonds that Finance Director Ken Flatto projects will save at least $3
Read morePullman & Comley To Remain As City Bond Counsel
Bridgeport-based law firm Pullman & Comley’s 20-year run as city bond counsel led by partner John Stafstrom will continue, according to City Attorney R. Christopher
Read moreFinancial Report Summarizes City’s Deficit Challenge
The city’s financial report for the first five months of the 2015-16 budget year that started July 1 is a messy stew of excessive expenditures
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