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The Day - New London plans for $26 million federal funding windfall - News from southeastern Connecticut

The Day - New London plans for $26 million federal funding windfall - News from southeastern Connecticut
theday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theday.com Daily Mail and Mail on Sunday newspapers.

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The Day - New London mayor says proposed budget would drop tax rate - News from southeastern Connecticut

New London Mayor Michael Passero is proposing a $96.3 million budget that, if left untouched, would slightly drop the city s tax rate.
I am pleased to report that despite the challenges and extraordinary expenses of the pandemic, the city s financial position is strong, Passero said.
He presented his budget to the City Council on Thursday. It sets into motion a series of council budget deliberations.
The spending plan, a 1.9% increase from the current budget, comprises a $51.8 million general government budget and $44.5 million education budget.
Under the proposal, Finance Director David McBride said the city s mill rate would drop by 0.24 mill, to 37.95 mills, the third consecutive year with a drop in the tax rate. ....

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The Day - New London school budget gets public hearing on Wednesday - News from southeastern Connecticut

The Day - New London school budget gets public hearing on Wednesday - News from southeastern Connecticut
theday.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theday.com Daily Mail and Mail on Sunday newspapers.

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The Day - New London school superintendent to present budget to public Wednesday - News from southeastern Connecticut

New London — The public will have an opportunity to comment on Superintendent Cynthia Ritchie s proposed $73.2 million school budget during an ....

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The Day - New London middle school construction project hits snag - News from southeastern Connecticut

New London The City Council has rejected the $39.3 million price tag for construction costs associated with the renovation of Bennie Dover Jackson Middle School because of a possible increase in costs to taxpayers, threatening to further delay the project on the eve of the start of construction.
The council voted 5-2 against the so-called guaranteed maximum price, or GMP, acting in part on advice of Finance Director David McBride and Mayor Michael Passero. The move halts the awarding of contracts by O&G Industries, the construction manager, to the trade contractors who bid on the project.
McBride said that while the project is technically within the $49.5 million construction budget, the state has so far deemed too many elements of the proposed project to be ineligible for 80% reimbursement from the state. As a result, McBride said more of the costs than expected would be shifted to taxpayers. ....

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