City Facing Ten Percent Budget Deficit Next Year

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.

Here’s the story.

1 Comment

Filed under Uncategorized

One response to “City Facing Ten Percent Budget Deficit Next Year

  1. peter brush

    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.
    ———————————————————————————–
    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).

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s