Council Committee Reduces Mayors Proposed Tax Increase
Posted in the Trumbull Forum
#1 May 11, 2013
The City Councils Budget and Appropriations Committee Saturday morning voted unanimously to reduce Mayor Bill Finchs proposed tax increase from 2.5 mils to less than one mil. Finchs budget proposal called for a $400 tax increase on the average homeowner. The council committee heard vociferous complaints from taxpayers at public hearings this budget cycle, urging tax relief. It appears committee members heard the loud voices of opposition. Based on what the council committee has voted the average tax increase will be roughly $130, assuming passage by the full council Monday night. This will not sit entirely well with some taxpayers, but still its not nearly the tax hit proposed by the mayors budget. The mil rate increase approved by the budget committee is .74.
Council President Tom McCarthy had praise for members of the budget committee saying Saturday morning after the vote they did an incredible job working through a difficult budget process. Budget committee co-chairs Sue Brannelly and Angel DePara as well as the other five budget committee members worked long into the night reviewing department requests the past several weeks before voting and creating a budget document Saturday to present to the full council.
The council committee vote includes $2 million in city employee concessions that must be secured. The committee reduced spending requests in the Police Department and Public Facilities. It also eliminated 25 vacant positions.
The committee vote includes a number of revenue assumptions based on the state budget process still underway in Hartford. If those revenue assumptions dont come through it means the mayor will have to identify additional cuts assuming passage Monday night by the full council. The full council will now be voting on the budget committees recommended budget, not the mayors budget.
The full council will likely vote yes Monday night to support the committees budget referral. The council is operating on a Tuesday deadline to approve a budget. if it does not, the budget Finch had proposed becomes the default budget, and thus way more taxes.
The full City Council will vote on the budget Monday night in City Hall, 45 Lyon Terrace. The approved budget then goes back to the mayor for possible veto action until the final setting of the mil rate in June.
Since: Aug 10
#2 May 11, 2013
The taxes in Bridgeport are still too damn high. Shame on Finch.
#3 May 12, 2013
Gee, does this mean they are going with the old trick of over-valuing homes so they can charge you tax on more than what the house is worth? When is the next appraisal due?
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