After rush hour April 24 work will begin to replace the railroad crossing on Division Street in Ansonia and Derby.
Please click here to read the story in the Valley Independent Sentinel.
Monday, April 13, 2015
Warning Valley residents: Traffic woes ahead
After rush hour April 24 work will begin to replace the railroad crossing on Division Street in Ansonia and Derby.
Please click here to read the story in the Valley Independent Sentinel.
Opinion: Ansonia alderman backs budget plan
Mayor's proposal would offer tax relief
By Lorie Vaccaro
Second Ward Alderman
City of Ansonia
On Tuesday the Ansonia Board of Aldermen will be holding a vote on the 2015-16 budget.
It’s a proposal I proudly support as Chairman of the Finance Sub-committee and one that fulfills Mayor Dave Cassetti’s election promise of delivering tax relief to residents and business owners.
It’s a proposal I proudly support as Chairman of the Finance Sub-committee and one that fulfills Mayor Dave Cassetti’s election promise of delivering tax relief to residents and business owners.
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| Lorie Vaccaro |
I want to take this opportunity to share some of the details with Ansonia residents.
If the budget is approved, taxpayers will see a one-mill tax cut, the second tax reduction in two years. What does a one-mill tax reduction mean for Ansonia residents? It represents a 3 percent decrease in property taxes.
In plain language, a house assessed at $200,000 would see property taxes would decrease by about $210.
In plain language, a house assessed at $200,000 would see property taxes would decrease by about $210.
Yet this budget is more than a one-trick-pony. Beyond the tax relief, it provides for capital improvements such as the lease of a street sweeper for public works and a replacement vehicle for the fire department, along with upgrades to the animal shelter and planning costs related to a new safety facility.
The proposal also makes contributions to the City’s underfunded pension plan. In fact, this marks the first year in over a decade that the budget will address the chronically ignored fund.
This is all a result of responsible and strategic fiscal planning on the part of Mayor Cassetti and his finance team. Consultation with Ansonia’s outside auditing firm has revealed that the City’s general fund is being maintained at an unacceptably high level. The proposed budget therefore leverages the overfunded reserves to provide tax relief and move Ansonia forward.
Specifically, our auditors hold that a city’s reserves should be set at about 8 to 10 percent of the overall budget. However, the 2013-14 budget, as set by the prior administration, resulted in general reserve that represents 19 percent of the overall budget! Moreover, the reserves have been set at an average of 16 percent of the overall budget over the past six years.
The budget proposal also includes (for the first time) a forward-looking capital improvement plan and forecast of next year’s surplus.
In other words, it’s a well-researched plan built on solid ground.
In other words, it’s a well-researched plan built on solid ground.
Vaccaro is chairman of the Finance Sub-committee of the Board of Aldermen.
Ansonia Library to hold Amnesty Week starting today
In the car? It's time to bring them back!
In celebration of National Library Week, the Ansonia Library will be having an Amnesty Week, April 13-18.
We will waive your fines on Ansonia Library materials only.
Call the Ansonia Library at 203-734-6275 for more information.
The library is at 53 S. Cliff St.
This information is shared from an online community calendar sponsored by The Community Foundation for Greater New Haven and the New Haven Independent.