Login  /  Register  | 3 premium articles left before you must register.

Sprecace: Budget lacks details, vote no

Adam Sprecace New London

Publication: The Day

Published 09/15/2012 12:00 AM
Updated 09/14/2012 05:25 PM

Price for New London planned FY2013 expenses: $82,140,661. Cost to taxpayers for loss of historically received revenues: 1.91 mills; value of the budget document made available to the public: Worthless.

Is a $277,276 increase in expenditures over last year's budget reasonable? Yes (which is why, as a city councilor, I originally voted for the budget). Is a 7.5 percent tax increase needed to fill the revenue hole left by lost city income? Yes (which is why I originally voted for the mill rate).

Can I prove it? No.

Without a complete document that clearly shows the need for all planned expenditures (requested by me of the administration almost three months ago and several times since), the City Council has no way to exercise financial checks and balances over the course of the fiscal year.

The document currently available to the public excludes a tabulation of salaries (as required by Ordinance 2-14(a)), longevity payments, health insurance costs, workers compensation insurance costs, pension costs, and employment tax costs. It also excludes special revenue funds, internal service funds, pension roll details, enterprise funds, the capital budget, and debt service details.

On Sept. 18, vote no on both the budget and tax rate and demand accountability from your government.

Town News

Visit Zip06
Submit Your:  Submit Your News Submit Your Photos Submit Your Events
Most Recent Poll
Harvard has received some unwelcome attention recently over a cheating scandal potentially involving at least 125 students. How common do you think cheating is on American campuses?
If it's happening at Harvard, it's happening everywhere.
39%
Some students will always cheat but I don't think it's a widespread problem.
24%
This is a huge problem and it's society's fault for emphasizing the grade at the expense of an enriching learning environment.
33%
I'm a student and I cheat all the time. It's part of the college experience.
5%
Number of votes: 368

No current items found

No current items found

The Day on Facebook

In the past two weeks our Facebook fans have won tickets to the CT Tigers, Newport Winefest and Mystic Seaport. Become a fan of The Day on Facebook for access to these contests, breaking news, TheDay.com's best features and more!