by Thomas Breen | Mar 16, 2018 12:18 pm | Comments (6)
The city is still wrestling with a projected $14.4 million deficit for the fiscal year that ends June 30, according to a recent financial update from the city’s budget director. The projected deficit is evenly split between the city budget and the Board of Education budget.
Continue reading ‘City Projects $14.4M Deficit For Current Year’
by Christopher Peak | Mar 16, 2018 12:15 pm | Comments (3)
Investments in big banks, pawn shops and rolling papers helped boost public safety workers’ underfunded pensions this past calendar years, according to newly released figures.
Continue reading ‘Overdrawn Pension Fund Scores Gains’
by Allan Appel | Mar 15, 2018 1:56 pm | Comments (1)
The city plans to send an inspector out into the field for the first time in a year and half to monitor the hiring of women and minorities on construction projects — with some new digital tools that will ultimately make results visible to the public.
Continue reading ‘CEO Techs Up’
by Thomas Breen | Mar 13, 2018 8:18 am | Comments (57)
The Harp Administration pitched alders on granting permission to borrow up to $250 million this coming fiscal year to help shore up an underfunded city employee pension fund that is struggling to keep up with spiraling unfunded liabilities.
Continue reading ‘$250M In Borrowing Pitched For Pensions’
by Markeshia Ricks | Mar 7, 2018 3:44 pm | Comments (4)
For the first time anyone could remember, neighbors from New Haven’s 12 community management teams came together to hatch a project they hope will bring the city together this summer.
Continue reading ‘Neighborhoods Join Forces’
by Paul Bass | Mar 6, 2018 8:53 am | Comments (25)
Whether or not other mayors join her, Mayor Toni Harp has instructed her legal staff to prepare a lawsuit against the state for failing to reimburse New Haven fully for revenue lost on tax-exempt properties.
Continue reading ‘Harp Explores Suing State Over PILOT’
by Thomas Breen | Mar 2, 2018 5:49 pm | Comments (74)
Mayor Toni Harp is calling for a 11 percent tax increase and a $1 million reduction in the rainy day fund in a proposed new city budget that she described as the most difficult one she has ever had to draft.
It includes 11 new positions and assumes the city will receive millions of dollars in new contributions from big not-for-profits like Yale and labor union concessions.
Continue reading ‘Mayor Proposes 11% Tax Hike’
by Thomas Breen | Mar 2, 2018 8:51 am | Comments (5)
Two dozen protesters marched from City Hall to the Wells Fargo building on Church Street on Thursday afternoon to celebrate the recent federal downgrading of a bank that has invested in controversial oil pipelines and defrauded hundreds of thousands of customers with unnecessary fees and fake accounts.
Continue reading ‘City To Continue Withdrawing Money From Wells Fargo’
by Paul Bass | Feb 27, 2018 4:18 pm | Comments (22)
The mayor’s choice to fill a Board of Education seat sailed through a confirmation hearing, while an advocacy group’s call for a debate on who should serve in the future went unheeded.
Continue reading ‘Appointees Hailed; Only PhDs Need Apply?’
by Paul Bass | Feb 27, 2018 2:30 pm
The Harp administration’s new social services chief won a ringing endorsement Monday night during a confirmation hearing at City Hall.
Continue reading ‘Social-Services Chief Impresses Alders’