FRANKSMITHSAYSNB EDITORIAL:
At Special Meeting of the Common Council in order to re-arrange Budget spending to the end of the fiscal year with Alderman Trueworthy stating “we’ll be building a budget that not based on false assumptions.” This comment was considered by some, in the audience as a cheap shot against the prior Republican administration.
Mayor O’Brien announced this was a onetime fix leaving many to wonder does this mean a great tax increase for the next fiscal year.
With regard to the budget transfer of $10.5 million dollars from our water department Phil Sherwood, the communications director for the Mayor, claimed in a local newspaper that the transfer practice was used in the past by Mayor Stewart in order to balance the books.
I would like to remind him that the Stewart transfer was not done in the same fashion he would like us all to believe.
“The Tax Increases are coming.”
Anonymous has left a new comment on your post "One Time Fix and the Blame Game Begins:":
ReplyDeleteCity Council Has Updated Web Page
Posted on February 7, 2012 by nbpoliticus
City Hall’s website has an updated page listing all members of the Common Council elected last November.
http://www.newbritainct.gov/city_center.html
These people are fakes Frank! Using this as an excuse to fill a deficit and then finish the fiscal year with a false surplus is politics at its best. Sherwood and company have taken their own lack of ability to create revenues and tried to turn it into a solution for the perceived deficit Stewart left them. I do recall Stewart was able for 8 years to finish the year with surpluses even though he used one time revenues to balance the budget. Just wait now that people like Mark Fortin are advising the idiot taxes will certainly be rising in July!
ReplyDeleteMayor Stewart's Finance Director Says Deficit was at 11 million when O'brien took office...the auditors from stamford says the deficit was 9-11 million...only sore losing Bernaki and the indignant Stewart claim there is no deficit. Who is right?
ReplyDeleteThe new website doesn't look very professional. The font is sort of childish but then, maybe it is an accurate depiction?
ReplyDeletechildish goes hand in hand with socialist!
ReplyDeleteDeficits happen when revenues are not realized in any situation. Claiming a deficit mid year is a political ploy to paint Stewart and doing something wrong. If O'Brein and Trueworthy would seel the property available there would be no deficit. Any savings realized from the restructuring of benefits and salary surpluses cannot be determined until the fiscal year is over. The incompetent Finance Director will do anything this administration tells him to like proclaiming a deficit of $11m. Sweeping unused monies in other accounts along with salary and benefit savings coupled with the recent property sale will create a much smaller revenue shortfall than what is being reported. Do your job O'Brien and sell something if you even know how? It took them 4 months to close on a property sale that was passed under the Stewart administration. Wait until this Costco deal finally gets to the closing table that should take 2 years to close.
ReplyDeleteThe most egregious omission in this whole process has been the absence of public input. The City Charter requires a public hearing when a deficit plan is voted on by the council. Non here Frank.Someone ought to write a letter to the AG and find out why it was not done!