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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Thomas Breen |
Jan 12, 2021 10:39 am
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Fire Chief John Alston came to the alders with a familiar plea: Firefighter overtime is well over budget, and — yet again — in desperate need of millions of dollars in life support.
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Thomas Breen |
Jan 5, 2021 2:38 pm
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The Board of Alders unanimously signed off on a four-year, $322,142 human resources software contract that the Board of Education claims will improve the school system’s recruitment of Black teachers and will streamline the onboarding of new employees.
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Thomas Breen |
Dec 22, 2020 10:49 am
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The city received an unexpected holiday season gift from the state budget office: $3.1 million in state-allocated federal funds to help cover municipal public safety and public health costs related to Covid-19 the city’s response to Covid-19.
A new teachers union contract that would trade a pay freeze this year for no layoffs or medical premium increases over the next three years advanced towards a final full Board of Alders vote later this month.
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Thomas Breen |
Dec 8, 2020 10:57 am
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Every school will have a nurse — whenever schools reopen for in-person learning — thanks to an $850,000 budget transfer approved by the Board of Alders.
Mayor Justin Elicker has dispatched a team with both long governmental experience and youthful perspective to hammer a deal with Yale for greater support for 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.
Yale New Haven Hospital purchased the above-pictured Legion Avenue surface parking lot and one beside it for over $4.5 million. The city taxes it as though it’s worth just over $126,000.
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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Thomas Breen |
Nov 9, 2020 2:01 pm
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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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Thomas Breen |
Oct 6, 2020 10:53 am
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(4)
The Board of Alders voted unanimously in support of transferring $100,000 in city funds towards paying for a planning study for a new social worker-centered mobile crisis response team.
A new mobile crisis response team that would have social workers rather than cops respond to certain 911 calls won a vote of support, as committee alders unanimously endorsed transferring $100,000 in city funds towards paying for a planning study for the program.
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Thomas Breen |
Sep 9, 2020 9:25 am
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A newly published financial report shows that the city ended last fiscal year with a $1.9 million budget surplus, even as Covid-19 interrupted just about every aspect of city life starting last spring.
A “Defund the Police” rally held outside Mayor Justin Elicker’s house turned into a wide-ranging conversation about City Hall’s policy priorities amidst the ongoing Black Lives Matter movement.
City finance staff is once again considering a controversial idea for how to address hundreds of millions of dollars in unfunded city pension liabilities: Borrowing in bulk with pension obligation bonds (POBs).
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Thomas Breen |
Jul 30, 2020 3:41 pm
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The city anticipates ending the last fiscal year with a $7.8 million deficit — a projected budget hole nearly half as large as that predicted last month, thanks in part to pandemic-induced revenue shortfalls coming in better than expected.
The mayor has cut over $521,000 from the city’s police department budget as part of a Board of Alders-mandated quest to reduce city spending by over $2 million.
The city plans to dip into its $15.7 million rainy day fund to cover the cost of this fiscal year’s pandemic-exacerbated deficit, which is currently projected to be over $13 million.
Weeks after approving a budget that would outsource paramedic services to a private company, alders voted on Tuesday night to create a working group that would revisit the issue.
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Thomas Breen |
May 28, 2020 1:54 pm
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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.