City Budget

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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Pandemic Property Tax Relief A Click Away

by | May 28, 2020 1:54 pm | Comments (4)

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City Budget Director / Acting Controller Michael Gormany at hearing.

New Haven property owners who have lost at least 20 percent of their income due to Covid-19 can pay their taxes three months late this coming fiscal year without incurring any penalties.

Before receiving such a benefit, they first must apply to the city by June 30, and they must promise — if not necessarily prove — that they really have suffered such a pandemic-induced economic hardship.

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