State funds in flux, aldermen eye cuts
As New Haven aldermen discussed the details of the mayor’s budget proposal Monday evening, a possible $10 million shortfall was at the back of their minds — as was a proposal to allow New Haven to implement a so-called “penny tax.”
Several aldermen have said in recent weeks that a 1-percent increase in the sales tax would likely eliminate the gap in the mayor’s $466 million budget, which had counted on $10 million in Payment In Lieu Of Taxes, or PILOT, funding from the state that legislators declined to include in the state budget last week.
Because it is doubtful that the...
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