21 November, 2024
2 mins read

Late for Second Year in a Row, Stewart City Hall Reports Completion of 2023 Audit

The administration of Mayor Stewart (R) is reporting that the audit for the 2023 budget year, nearly six months late, according to state law, is ready. The six month late report follows another, nearly year-late report from the previous budget year. A report from Stewart administration Finance Director Jonathan M. Perugini to the City Council […]

4 mins read

New Britain Council Committee Approves Creation of Audit Committee

The New Britain City Council’s Committee on Administration, Finance and Law has voted to approve a proposal to create a new Council Audit Subcommittee. The Council’s Majority Leader, Ald. John McNamara (D-4), one of the co-sponsors of the proposal said that, “government works best when we have checks and balances between the executive and legislative […]

5 mins read

New Britain’s Late Audit Filed, Not Given to Council, Shows Deficiencies and Greater Debt

The city of New Britain’s long-overdue audit report was dated as filed one day before the Council meeting at which Mayor Erin Stewart told the Council it would be “available” in January. The auditors’ report cites deficiencies and a jump in taxpayer debt. While the form filed by the city with the state Office of […]

8 mins read

Another Restructuring Adds Millions In Debt To New Britain’s Finances

Fitch “does not consider this to be a prudent management practice during a period of recovery.” By John McNamara In a perfunctory special meeting on June 1st the Common Council unanimously adopted a municipal budget for the year that starts July 1st. The $251,046,177 million budget for the new fiscal year is “controlled, calculated and […]

Skip to content