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HRA
Taxes Forgiven
Apr
30, 2013 07:28 am | Nicholas Mercier
In a troubling move the Common Council has authorized the Mayor of New
Britain to enter into a “tax liabilities agreement” with the New Britain HRA.
You can read a bit more about this here.
Essentially the Mayor has been authorized to not only forgive more that $223,000
in back taxes, but he has also been given permission to make them exempt from
any future taxes. (more…)
Recently the New Britain Common Council transferred over $6 million from the
city’s self insurance fund to cover a litany of differing expenses. The
resolution is interesting for a number of reasons. It not only reveals some
financial mismanagement of the city, but it also is steeped in a political
agenda as much of the money goes to pay off failed revenue sources in the
Mayor’s last budget. You can download a copy of the budget transfer
resolution here if
you’d like to follow along at home.
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I am happy if property taxes don't go up. Maybe next year the city will have to raise taxes but the economy is still turning around.
It was a good idea (the republicans on the school board deserve credit for this not O'Brien) to bond money for the schools. My kids classroom is falling apart and the city has put off major fixes to long.
1 comment:
I am happy if property taxes don't go up. Maybe next year the city will have to raise taxes but the economy is still turning around.
It was a good idea (the republicans on the school board deserve credit for this not O'Brien) to bond money for the schools. My kids classroom is falling apart and the city has put off major fixes to long.
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