Friday, April 19, 2013

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

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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.
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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…)
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1 comment:

Anonymous said...

This statement accurately describes the Sherwood mayoral-ship under the O'Brien puppetry:

""What has government ever done other than totally screw everything up with the unintended consequences of their actions?

The best thing that could happen is for our government bureaucracy to get out of everyone's business.

Most of the time doing nothing at all is a much better option than the unintended consequences of the "do-gooders" option.""

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