Malloy's Budget Plans for Milford


What does Gov. Daniel Malloy have up his sleeve for Milford in his proposed budget?

Some good for schools, but a mixed bag for the city.

City schools will get around $635,232 more in education cost sharing (ECS) funds over last year, according to documents released by Malloy’s office. Milford is one of 117 districts that would get an ECS increase. James Richetelli Jr., the schools’ chief operations officer, praised Malloy’s proposals.

“The governor has made a commitment to fund public education, and that's good for Milford public schools and all the school systems,” he said Wednesday.

But, Malloy also proposed taking away some revenue from the city (not to mention whatever the effects of car tax reductions would be).

Cuts for Milford include: The state PILOT (payment in lieu of taxes) for state-owned property ($446,678), the Mashantucket Pequot and Mohegan Grant ($397,549 – each town gets a slice of this, generated by gambling revenue; it’s been around since ‘93), public school transportation funding (-$264,776 – but would be replaced by a competitive $5 million grant … and that’s $5 million for every town in the state to share), the manufacturing transition grant (over $1 million), and the municipal revenue sharing bonus pool ($457,834).

On the increase side, Milford would get more for the private colleges and hospitals PILOT ($70,000-ish), more for road aid (about $300,000), and a lot more for the Local Capital Improvement Fund (just under $400,000).

I reached out to Milford Finance Director Peter Erodici Jr., but he was unable to comment immediately, saying he needed more time to consider the governor’s budget. The city may have to do some rearranging in its budget as the Pequot grant, the PILOT, and transportation funding are all counted as revenue in the city’s 2013-2014 proposed budget. There’s a budget hearing tonight at 7 p.m. at city hall if you want to watch some of that (possible) rearranging.

Comments

Popular posts from this blog

Milford's Unsolved Murders

UPDATE: Stew Leonard Jr. addresses Milford theater site

Milford theater site sold; what do you think should go there?