November 30, 2009

City may another budget deficit

As state officials scramble to close a large deficit by possibly cutting aid to cities, Bristol itself is eyeing a possible second straight budget shortfall.
City Comptroller Glenn Klocko said the city will likely report a deficit when it finishes its fiscal year report in a couple of weeks.
He said that Bristol will probably also have another deficit during the fiscal year that ends in June.
Klocko said neither figure is available yet.
Klocko said the city did the best it could dealing with the recession, but nobody expected it to go on so long or to reach so deep.
“You just couldn’t plan,” the comptroller said, especially with state lawmakers delaying until September the passage of this year’s budget.
Klocko said it is easy to say Bristol didn’t budget prudently, but if it had nailed the numbers better then property taxes would likely have risen as much as 2.25 mills over past two years.
“If we did a better job, taxes would have gone up,” Klocko said. “So basically we were delaying the inevitable.”

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Copyright 2009. All rights reserved.
Contact Steve Collins at scollins@bristolpress.com

24 comments:

Anonymous said...

With our new political force in control were screwed. We need real action but to many promised favors for certain friends.

Anonymous said...

Ward better start cutting from the city worker frist. lets do it right this time around.Or are they in his back pocket. Make the cuts.

Anonymous said...

Dont worry Ken and Dave will save us. Just dont hold your breath.

Anonymous said...

Ken and Dave cant figure out were they are dont exspect help from them. Ego Maniacs.

Anonymous said...

The Republicans blew it!

Anonymous said...

Why didn't Kloko say that back in October?

Did Ward know then?

Do Ward and Kloko talk to each other?

losers said...

If my name were mentioned on this site, I would do just the opposite of whatever was said - what a bunch of losers.

Anonymous said...

Is anybody in charge?

Anonymous said...

Do you think Ward can go four for four?

Anonymous said...

There goes Kockos bond rating reputation.

Boo Hoo

Anonymous said...

6:23 He didin`t what Art to lose!thats why the budject was pushed off.

Anonymous said...

The opposite of nothing is something. So tell your boy Ken he should at leaste put on a show. REMEMBER DO something.

Anonymous said...

5:54 AM, Please come back when you learn to write in English. I'm not sure what language you're using, but you sure do sound confused!

Anonymous said...

5:54

Certainly he didn't want Art to lose. Kloko has him wrapped around his little finger, and we are and will be paying for it.

And the other puppet, Mize, is no better!

Anonymous said...

We are all screwed with Ward as Mayor and Frank at the state.

Anonymous said...

Interesting and poignant letter in the Press today.

Since it apparently was written last week, was this what prompted the city to speak out (barely)?

Hope we get more information than what has been provided.

Anonymous said...

BE NICE IF OUR CITY LEADERS TOLD US WHERE OUR BUDGET STOOD!

Anonymous said...

12:19

Don't hold your breath.

They will continue to keep us in the dark (as most of them are).

Anonymous said...

If you parse Kolockos statement, he seems to be saying that we (Ward et al) din't do a good job.

I agree with him.

Anonymous said...

Seems like the whole field is lost. They cant make a move without layoffs but they all owe favors to the union. Look what happen to cockyane a few votes and he went away.Two years comes quick.

Anonymous said...

Art owes all the unions,thats why he is the Mayor i`am sure they will get good money this time around.

Anonymous said...

Think back: who was the last mayor to lay people of when things were tough?

Anonymous said...

Bristol is certainly experiencing a leadership deficit: both parties!

Anonymous said...

What is Ward doing about department heads going over budget ALREADY?????????