City Budget

New PILOT Flies; Will It Be Funded?

by | Mar 2, 2021 1:51 pm | Comments (19)

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New Haven State Sen. Looney at Tuesday’s virtual presser.

Now that the state legislature has overhauled how Connecticut distributes aid to municipalities that are home to tax-exempt colleges and hospitals, will that same body fully fund the new need-based formula to the tune of $137 million each year?

At stake is a roughly $50 million annual boost to New Haven’s teetering city budget.

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Antillean Manor Tax Break Advances

by | Feb 24, 2021 11:35 am | Comments (16)

Christopher Peak pre-pandemic photo

Carabetta’s Muniz: Tax break makes project “pencil out financially.”

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Roth: Builder should pay more.

A proposed tax break for a failed Dwight housing co-op on the brink of demolition and reconstruction moved ahead — after debate about how it fits into efforts to promote affordable housing and avoid a local tax hike.

Besides tax forgiveness, the overall project includes a $1.5 million development fee” for the co-op’s buyer and $400,000 in federal anti-poverty block grants along with a building contract for a construction affiliate.

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New Haven Issues PILOT Plea

by | Feb 16, 2021 4:49 pm | Comments (14)

CT-N

New Haveners testifying Tuesday included (clockwise from top left) Martin Looney, Harold Brooks, Kelcy Steele, Jenna McDermit, Hyclis Williams, Abby Roth.

Sen. Martin Looney’s office

Teachers, preachers, politicians, and presidents of local unions sent an urgent plea from New Haven Tuesday to the state legislature: Change how you reimburse us for revenue on property owned by our tax-exempt colleges and hospitals.

At stake is a roughly $50 million potential annual boost to the city budget — and, advocates say, a more equitable means of distributing state aid to poor, historically marginalized communities.

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Fairer School Funding Sought

by | Feb 9, 2021 1:56 pm | Comments (7)

Thomas Breen Pre-Pandemic Photo

Board member Larry Conaway: Focus on students not showing up.

Should schools get more dollars based on how many English learners attend? Based on low test scores? The number of chronically absent students?The New Haven Board of Education raised these questions Monday night as part of its first full look at a proposed $198 million budget for the coming fiscal year.

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Alders Transfer $2.9M To Over-Budget Fire OT

by | Feb 3, 2021 2:39 pm | Comments (9)

Thomas Breen pre-pandemic photo

At a fire in Fair Haven.

The Board of Alders vote 29 – 1 transferring $2.9 million towards firefighter overtime — with the sole dissenting voice warning that such a move might hurt the city’s long-term efforts to control a part of the city budget that has been consistently struggled under deficits.

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Now It’s A $66M Gap

by | Jan 28, 2021 4:28 pm | Comments (166)

City of New Haven

“Grey” area represents fixed costs that, according to mayor, can’t be cut.

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Mayor Elicker: Crunch “nearly impossible to fix.”

As of Thursday, next fiscal year’s projected city deficit looks $25 million bleaker than it did on Wednesday, thanks to a slate of new estimates and recommendations regarding how the city funds its pensions.

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Opinion: Time For A Yale “Fair Share” Pivot

by | Nov 24, 2020 4:51 pm | Comments (28)

Toomas Breen Photo

Flyer left on doors across town this past weekend.

Just in the past week, this news site revealed that the mayor is engaged in clandestine discussions with Yale University concerning its financial contributions to the city.

In addition, just this past weekend I received a door hanger reminding me of the value of Yale’s tax exemption as part of a campaign organized by New Haven Rising, an extension of the Yale unions.

The demand for more financial support from Yale has repeatedly come to the fore in New Haven for decades, particularly during tight budget times, without any clear resolution. I propose that we change how we frame the issue — and try some new strategies for getting Yale to pay its fair share.

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Yale Posts $203M Surplus; City Projects $13M Deficit

by | Nov 10, 2020 1:00 pm | Comments (53)

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Yale’s Harkness Tower and New Haven City Hall.

Thomas Breen Photo

Elicker: Will Yale now “accept its responsibility?”

Yale University has posted a $203 million operating surplus for its most recent fiscal year.

Meanwhile, the city is staring down a $13 million projected deficit — with dozens of job cuts in the rearview, and plenty of pandemic-induced uncertainty ahead.

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Blumenthal To McConnell: Pass Covid Relief Now

by | Nov 9, 2020 2:01 pm | Comments (8)

Thomas Breen photo

Sen. Blumenthal (right) with Mayor Elicker at Monday’s presser.

Richard Blumenthal made a post-election pitch to his Republican colleagues in the U.S. Senate: Start negotiating now over a new Covid-19 relief package worth at least $2.2 trillion.

Families and small businesses and state and local governments hurting during the pandemic cannot wait a minute longer.

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