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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

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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