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by Thomas MacMillan | Oct 8, 2013 7:15 am | Comments (12)
The city refinanced $16 million in bonds and came up with an extra $4.1 million, which might start to close a budget hole.
by Paul Bass | Sep 5, 2013 3:27 pm | Comments (21)
Third of four parts on where mayoral candidates stand on major issues.
Dick Lee squeezed past John W. Murphy and Kermit Carolina in the latest preference poll for mayor—among the four Democratic mayoral candidates currently seeking to win his old job. The candidates offered their vision for how best to manage city government, as well as some ideas for how to get there.
by Staff | Aug 29, 2013 12:33 pm | Comments (2)
The city has refinanced $16 million in bonds to grab a lower interest rate.
by Thomas MacMillan | Aug 27, 2013 12:38 pm | Comments (31)
Henry Fernandez suggested a way to defuse New Haven’s pension ticking “time bomb”: convince the city, the state, and government workers to cooperate on a rescue plan. Toni Harp called Fernandez’s plan “sophomoric”; even if it made sense, she argued, he couldn’t pull it off.
by Thomas MacMillan | Aug 23, 2013 2:00 pm | Comments (35)
Fire union President Jimmy Kottage (pictured) arrived Friday morning at the steps of City Hall with reinforcements in his fight against a change in lieutenant staffing—black and Latino firefighters who back him.
Chief Administrative Officer Rob Smuts showed up with reinforcements of his own—eye-popping statistics on a list of the top overtime earners in the department.
by Thomas MacMillan | Aug 20, 2013 7:23 am | Comments (16)
As New Haven’s bond rating falls, Budget Director Joe Clerkin announced a new sign of trouble: The city will likely empty out its “rainy day fund” for the first time since the early ‘90s.
by Melissa Bailey | Aug 19, 2013 6:54 am | Comments (24)
Citing a $10 million increase in the price tag to the city and a reluctance to pay West Haven $1 million in permit fees, aldermen are holding off on a key approval for an $85.5 million new home for New Haven’s science-themed magnet school.
by Thomas MacMillan | Aug 14, 2013 12:47 pm | Comments (23)
As the city’s bond ratings continue to drop, mayoral candidates Henry Fernandez, Toni Harp and Justin Elicker Wednesday said the city needs to change its financial course to avoid following Detroit off a cliff and into bankruptcy.
by Thomas MacMillan | Jul 2, 2013 12:19 pm | Comments (4)
City managers will get a 2.5 percent pay increase, and a raise each of the next two years, thanks to a new five-year union contract approved Monday night.
by Thomas MacMillan | Jun 4, 2013 7:17 am | Comments (8)
Less than a week after city lawmakers voted to raise taxes by 7.7 percent, they voted to lower them.