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Finizio, Passero Prepare To Craft Second New London Budget

Mayor and City Council president hope to reduce tax increase to five percent by the end of September

Mayor Daryl Finizio and Council President Michael Passero said removing funds from the Finance Department and refinancing the city’s debt will be two of the strategies they will use in attempting to further reduce the 2013 fiscal year budget.

Voters rejected, route: {:controller=>"articles", :action=>"show", :id=>"new-london-budget-tax-rate-voted-down"} --> the will meet at 5 p.m. tonight at of the . This plan was in which he said there is little room for further cuts in the budget. He said reducing the budget to a five percent tax increase might have to come from areas such as the , , and

William Desmond September 20, 2012 at 10:50 AM
The economy sucks and New London is broke and nearlt insolvent according to the public outcries of the mayor, how can they get a better financing deal with that news on the streets and the claims of the city going bankrupt and the state taking over. That word on the streets makes bonding and refinancing nearly impossible and very expensive. Another question, why were those savings not already done? Why only after the NO VOTE? Something is very fishy in all this. There is room in the current budget to get to 1.5% or 2% increase at the most.
William Desmond September 20, 2012 at 10:51 AM
Finizio is a liar, he touted earlier this year the huge savings that was made by refinancing the city debt service. Was that a lie then or is he telling another lie now. This man Finizio cannot be trusted and neither can Mr. Passero. 5% will not cut it folks. The Fix New London folks are keeping their vote no signs ready and if the cut is not enough then there will be another referendum and another resounding NO VOTE from the people. For all that have posted and asked "Do you think the mayor got the message?" Well the answer is clearly NO THE MAYOR DID NOT, neither did the other council president another YES Vote person. All the things that the mayor said during the campaign of deceit to get the budget approved were lies because he now has places to save without cutting any services. Tell us, how can Finizio and Passero be trusted? Referendum and vote no as many times as it takes for our elected officials to get the message and do what the voters and taxpayers want done!
William Desmond September 20, 2012 at 12:02 PM
From The Day: If the council president feels that his position is correct according to the charter and fails to uphold the charter as he took an oath to do, he should resign immediately. The fight in this man has been all but exhausted. Is it because his heart in not in this or is it because he made another back room deal with the mayor? The people need to hold the Finizio and Passero team accountable. These two are screwing the community. One bends the charter provisions and the other helps shield it from the people. Which one is really worse? As these two dance or Pirouette around with each other the community gets the short end of the deal. "In a spirit of cooperation the mayor and council president pirouetted around a potential City Charter controversy. Mr. Passero has insisted it is up to the council to amend the budget ordinance and send it back to the mayor for his signature or veto. He plans to begin the process today with a goal to wrap it up by Oct. 1."
Sue P. September 20, 2012 at 12:55 PM
It appears to me that the New London residents have become paranoid. We are to the point we don't believe a word that comes out of the Mayors mouth. It's a shame but that's how people feel. We were all told to follow our first instinct and for most of us that instinct tells us the Mayor is untrustworthy. So now we go back and take a look at the budget again. Daryl has made some of the union workers so frightened that they bit the hand that feeds them (the taxpayer) Now we must all move on the no vote has spoken and hopefully we don't have to go out and petition again. But if this new budget is again petitioned the Ct. College students won't be involved because they probably have already changed their voting status back to their home towns. If they keep re registering I think we then will have a huge case of voters fraud. Just remember people you decide what is fair and what you can afford. They can't take away public services that never existed in the first place. Let me put it to you this way, they are the professionals but you are the CEO.
Dirk Langeveld September 20, 2012 at 01:30 PM
Regarding the Finance Department funds, it was a timing issue. The budget passed on June 19 with the assumption that the Finance Department would absorb the business office expenses (so the money allocated for that in the school budget could be put to other uses), and it wasn't until July 2 that Adamowski announced that he was putting that on hold.
Buddy Lawton September 20, 2012 at 01:59 PM
Sue P. We are not paranoid. The mayor did lie and still lies. The NO VOTE prevailed and WOW! the mayor is not cutting services like he said he was going to have to, he will not do layoffs, yet all the Public Works union employees were threatened by Tim Hanser that if the vote was not YES there would be lots of new layoffs. The mayor, his staff, his 3 city councilors, his city council president and each of his hand picked department heads cannot be trusted. They are not looking out for the people of New London. We all need to watch this budget process very closely. When it is over the mayors entire staff will be intact and the nearly 50 city non union employees making over $100k a year will keeping taking all that cash home.
Debbie September 20, 2012 at 02:32 PM
Amazing how additional budget cuts can be made after September 20, 2012, just as available funds can and do frequently appear when needed. City of New London pockets run deeper than I thought. Will someone please resolve this budget crisis, eliminate the overly exaggerated budgets from each department and give all city employees a pay cut. That alone will avoid tax increases for many fiscal years.
Sue P. September 20, 2012 at 02:51 PM
Buddy , You are absolutely right. I should have used the word leery instead of paranoid. I said paranoid at first because when ever Finizio opens his mouth we are not sure if he is telling the truth or not which then causes us to get paranoid about what will happen next. But you are correct leery should have been used.
Buddy Lawton September 20, 2012 at 03:42 PM
The crisis that Fibnizio talks of is not real. It is as real as the layoffs, the closing of the senior center, the end of snow removal, the end of bilingual services, the reduction in trash collection. You can tell when Fibnizio and Passero are telling lies by looking at them if their lips are moving lies are coming out. All this points to the real urgency for a forensic audit. Follow the lead of the only three councilors that are working for the people of the city. Cut, Cut, Cut start at the top and work down.
RED DOG September 20, 2012 at 04:29 PM
There no money left to get from the taxpayers, the City has tapped us out with unrealistic, inaccurate assessments of our properties. The last time just months before we went into a recession. Now the will re evaluate and during this recession yes we are still in one they will try and up our property values again. I also do not know of many taxpayers receiving a 5 - 7.5 % pay increase that would allow for such increases. I could accept 1% but the City needs to look at other taxable measures like taxing the colleges with a bedroom tax. How about a local income tax for those people working in New London. Cutting essential services is the cause of the cities failing infrastructure and increase in violent crime. Cut administrative positions, those salaries are out of control we are top heavy . the Mayor can answer his own phone, and run the administration himself, maybe the learning curve is to much for him. The councilors need to watch out of the taxpayers and stop being Finizio's puppets, or act for there own personal gains.
Randy Drummond September 25, 2012 at 01:23 PM
Passero has become a hack and is more a part of the problem than a part of the solution.

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