Malloy releases budget proposal

Published on Tuesday, 6 February 2018 22:37
Written by Skyler Frazer

@SFrazerNBH

HARTFORD - Gov. Dannel Malloy unveiled his final budget proposal Monday, offering several modifications to the 2018-19 budget accepted by the legislators in October.

Malloy called the proposal, which the Office of Policy and Management says balances the budget, good for Connecticut’s long-term fiscal stability.

Among other things, Malloy’s proposal includes expenditure and revenue changes totaling more than $266.3 million. The proposal also reduces projected out-year deficits by half - decreasing by $1.35 billion in FY20, $1.43 billion in FY21, and $1.49 billion in FY22.

State Sen. Len Fasano, R-North Haven, criticized Malloy’s proposal, pointing to cuts to municipal aid and increases to certain taxes as areas of concern. Overall state municipal aid decreases almost $100 million in the proposal.

“Last year the legislature, in a bipartisan effort, did something historic, positive and full of hope. As we continue to work on our budget proposals, we intend to stay on that path,” the president pro tem said. “I think everyone in Connecticut knows by now that following Governor Malloy’s leadership only brings fiscal disaster.”

For New Britain, Malloy’s proposal will increase funding in 2018-19 by $853,639 - about 1 percent - from the $102,063,545 amount allotted in the legislature’s October budget. This increase comes entirely in Education Cost Sharing funds, which increased from $87,731,753 to $88,963,287.

Lori Granato, New Britain’s finance director, said these adjustments are pointless in their current state, and legislators will most likely continue to tweak them as budget talks continue.

“I mean, that is really nonsensical,” Granato said of releasing adjustments for Fiscal Year 2019 before the state is even out of Fiscal Year 2018.

“When the state is looking at a 2 1/2, 3 1/2, almost $4 billion budget hole in 2021 and 2022, the numbers for 2019 are just plug numbers.”

Berlin Finance Director Kevin Delaney said he is discussing with Town Manager Jack Healy how less expected state aid, $748,244, will impact the town, as they begin their 2019 budget process.

“It’s too early to tell,” he said. But the town will need to “tighten their belt” and keep monitoring the situation in Hartford if more cuts come.

Here’s how other area towns fare in Malloy’s proposed budget adjustment:

n Berlin: Municipal aid in Fiscal Year 2019 reduced from $7,680,088 to $6,931,844, about 10 percent.

n Newington: Municipal aid in Fiscal Year 2019 reduced from $16,837,531 to $14,287,586, about 15 percent.

n Plainville: Municipal aid in Fiscal Year 2019 reduced from $11,525,472 to $10,342,223, about 10 percent.

n Southington: Municipal aid in Fiscal Year 2019 reduced from $22,189,787 to $19,695,370, about 11 percent.



Posted in New Britain Herald, State on Tuesday, 6 February 2018 22:37. Updated: Tuesday, 6 February 2018 22:39.