Here is my take on the municipal budget that will take effect July 1.
The good news is that the Legislature appropriated $10 million more for tax relief or addressing unmet needs in the coming 2025 fiscal year. The bad news is a 1.31 mill rate increase and less local aid to education than 2024.
“The Mayor and Council will face more challenges next year at budget time and will not have the one-time funding provided by the Legislature’s stabilization plan for town aid and educational cost sharing funding. If past is prelude the city’s legislative delegation can be expected to push for and get increases for both education, PILOT and other forms of town aid when the General Assembly convenes next January to adopt a new biennial state budget. The situation points to the need for more fiscal discipline at City Hall than is the case now and making property tax relief a priority at the local and state level in 2025.”
John McNamara
New Britain Alderman John McNamara 