Here’s our story. Below is the press release.
MAYOR SAYS PRESENTS BALANCED BUDGET
FOCUS ON PRUDENT FINANCIAL DECISIONS, CITY GROWTH, AND PUBLIC SAFETY
—NEWS AND COMMUNITY RELEASE–
(April 18, 2011)— Mayor Pedro E. Segarra today submitted his proposed FY 2011-12 Budget to City Council that calls for no lay-offs, no increase in the mill rate, and no need to tap into the Fund Balance. The budget returns the City to FY 08-09 spending levels. It is $3,252,066 or .6% larger than the previous year’s budget, and that increase is due to collective bargaining requirements and pension contributions.
“When I became Mayor, I outlined 4 key goals in my strategy for government responsibility to ensure accountability and to grow Hartford. Transparency and openness are the hallmark of my administration. This is the first ever budget where all inter-governmental funds are recorded in the budget. This complete financial plan of action also fulfills the most important goal of all and that is to improve the quality of life for the residents of our great City,” said Mayor Segarra.
Mayor Segarra’s budget invests in summer youth employment, economic development and job creation, and public safety by including new Police and Fire recruit classes.
The largest portion of the City’s budget ($283,365,643) is allocated to education to ensure the Hartford students of today are prepared to compete for the jobs of tomorrow. The budget is also streamlined through department reorganizations and consolidations to maximize and better leverage future dollars for the city.
“I am proud to say that this budget reflects the concerns of every Hartford resident – it does not raise taxes. I look forward to working and collaborating with the City Council, as we did during the Committee of the Whole workshop process, to further increase accountability and efficiency throughout City government,” said the Mayor.
A public hearing on the budget will be held on Tuesday, April 26, 2011 at 6:00 p.m. at Bulkeley High School Auditorium. This hearing will be aired live on Government Cable Access Television Channel 96 which streams live on www.hartford.gov.