•O’Brien’s Budget Ignores Malloy’s Proposal •Fictional Revenues

CPOA Headlines Contents: O’Brien’s Budget Ignores Malloy’s Proposal Fictional Revenues If you like our emails please consider forwarding it to your friends or sharing us on FaceBook. Help us grow our audience! O’Brien’s Budget Ignores Malloy’s Proposal Apr 19, 2013 12:05 am | Nicholas Mercier An interesting commentary on the likelihood of Malloy’s proposed elimination of the motor vehicle tax passing the state legislature can be found in O’Brien’s proposed budget. It appears that the Mayor has not eliminated the motor vehicle tax as a revenue source for our city. Despite being a fervent supporter of the Malloy administration it appears that even O’Brien realizes that his proposal is extremely harmful to municipalities, especially those like New Britain. Furthermore, it seems to indicate that the governor’s proposal is DOA to the state legislature. Recent reports indicate that the two major budget panels at the capitol will not take up the matter before their deadline, but we will have to wait and see what comes to the floor of the General Assembly. Read More Fictional Revenues Apr 18, 2013 11:41 pm | Nicholas Mercier I recently wrote an extremely detailed article reviewing some of the most troubling parts of the Mayor’s proposed budget for the New Britain City Journal. In the article I identify several areas of concern within the budget. First and foremost are revenue projections that could be called, at best, overly optimistic or, at worst, completely fictional. The reason this is troubling is because the revenue projections completely distort the entire budget. If the Mayor spends what he is planning on spending and in his budget and the revenues fall short, the taxpayers will be left on the hook for a nasty mid-year surprise. Here is a breakdown of some of the areas of concern. (more…) Read More Recent Posts Agenda for the Annual Meeting Superintendent to Speak at Annual Meeting The Mayor’s Budget Revealed! Annual Meeting Scheduled Governor Malloy to Address New Britain Find us on Facebook for requent updates Join in the discussion and get the latest updates as well as share our articles and updates with your friends. Join us on Twitter Help us spread the word, ask us questions, share your thoughts. Not a member? Download and fill out our application today. Membership is only $10 per year. Already a member? Forward this to a friend and help our organization grow.

Copyright © 2013 Citizens' Property Owners Association of New Britain, All rights reserved. You are receiving this email because you signed up to receive updates at our website, www.cpoanb.org. Our mailing address is: Citizens' Property Owners Association of New Britain PO Box 2312 New Britain, CT 06050 Add us to your address book unsubscribe from this list | update subscription preferences