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Tag Archives: municipal finance

Sarno’s Fiscal Year 2016 Budget Passes 11 to Fenton…

SPRINGFIELD—For the second year in a row, Mayor Domenic Sarno’s municipal budget achieved passage without any modification from the City Council. The $594.9 million spending plan was touted for needing no reserves or layoffs to bridge deficits. However, councilors did express reservations about the city’s

Springfield

Take My Council, Please: The 2015 Rate of Return…

SPRINGFIELD—As it capped off 2014, the City Council formally and narrowly approved the tax rates for residential and commercial property following the annual deliberation over which group of tax payers were more in greater need of relief. On a 7-6 vote, the Council approved rates that

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Take My Council, Please: Side Walking a Fine Line…

SPRINGFIELD—A Monday déjà vu agenda consisting largely of repeats from the last meeting made for a relatively prompt hearing. Items that returned either were dispatched with remarkable speed compared to the pace that sent them to committee two weeks ago. Both the agreement between the

T.J. Plante

Springfield’s Chancellor of the Exchequer…

UPDATED 7/14/14 4:02PM: For grammar, clarity, and additional quotes & links. Welcome to the Sunday Feature: An effort to bring you lengthier, more in-depth stories on some Sundays. SPRINGFIELD—“More than sufficient, the budget passes.” Those six words from City Council President Michael Fenton on Jun