another concerned citizen wrote on Apr 27, 2011 10:25 AM: (Herald on line, 4/27) " It seems to me that Mr Salvio may be suffering from short term memory loss as the past few budgets have been closed out using the supposed sale of Pinnacle Heights which by some fluke never really happened......hmmmm...go figure "
What I meant by this comment is that, simply because New Britain "sells" a piece of property for, let's say, $5million dollars one year, one can't expect that the City will be able to get $5 million from the same piece of property every year for ongoing expenses. Yes, an anticipated sum was projected from the sale of the Pinnacle Heights property; we all know what happened to that deal! The City had to cover that shortfall in other ways.
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another concerned citizen wrote on Apr 27, 2011 10:25 AM: (Herald on line, 4/27)
" It seems to me that Mr Salvio may be suffering from short term memory loss as the past few budgets have been closed out using the supposed sale of Pinnacle Heights which by some fluke never really happened......hmmmm...go figure "
What I meant by this comment is that, simply because New Britain "sells" a piece of property for, let's say, $5million dollars one year, one can't expect that the City will be able to get $5 million from the same piece of property every year for ongoing expenses.
Yes, an anticipated sum was projected from the sale of the Pinnacle Heights property; we all know what happened to that deal! The City had to cover that shortfall in other ways.
sounds like more smoke and mirrors by the phony democraps.
The herald headline cites Stewart remain skeptical. But when reading this Hearld article the reporter states the Mayor was unavailable for comment.
Is that good reporting? Or is the headling writter confussed?
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