In April, Hartford Mayor Pedro Segarra will present next year’s budget to city council. As WNPR’s Jeff Cohen reports, he’s got a pretty big hole to fill between now and then.
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David Panagore says the reason isn’t because the city is spending too much; it’s because its property tax income took a major hit.
“Even if you kept at your current spending levels, you’re spending too much.
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I agree with David Panagore number 2. The question is how do we reduce spending. I have a hunch it involves fewer employees with less lavish benefits and pensions.
Unfortunately, I’d bet a nickle that what our City Leaders will impose is higher tax rates even though they arguably drive out business (and therefor reduce the tax base in the long term).