.

An Experienced Financial Executive?

Where has all the money gone?

During the meeting, we learned that the Town will have to cover additional projected costs incurred in arbitration-related expenses due to with both the Fire and Police Unions; first time in New Canaan’s history.  When the actual numbers relating to the Fire Department were requested by the Fire Commission, we were told that would not make these available due to the nature of the subject matter.  At the May 18 Town Council meeting, Councilman Paul Foley stated that these additional costs and lost savings could be over $400,000 and that the town has spent close to $90,000 on legal bills for these negotiations in the past 14 months.

One of the candidates for the Republican nomination for First Selectman, Paul Giusti, sits on the Union Negotiating Committee (appointed by Jeb Walker) and has been the primary conduit in the unsuccessful negotiations with our Public Safety employees.  Mr. Walker unilaterally appointed this committee without approval and also excluded the Fire Commission and Police Commission from participation on the Committee. 

Last month the , including Mr. Giusti, approved $2.6 million to be taken from the General Fund to lower the tax increase to 2%, depleting the General Fund below the minimum 10% of our total budget, the lowest level in over 15 years since this policy was instituted.  The Capital Non-Recurring Fund is also down to $75,000 after paying a $650,000 damage award to a contractor as confirmed by the Town’s CFO at a Special Meeting of the Town Council recently.

The week the Union contracts were voted down by the Town Council we learned that the Town had a surplus of $3 million dollars in the General Fund. Mr. Giusti recommended in a Board of Finance meeting that the BOF consider a one-time tax credit for all residents. Now there is no surplus.  So how does Mr. Giusti explain where all the money has gone?

The Town’s General Fund and Capital Non-Recurring Fund are now decimated and present an extraordinary challenge for the incoming First Selectman to maintain services and control taxes. Is this the experience and vision of a well trained financial person?

I think not.

Vote for Rob Mallozzi, a leader you can trust.  And in the interest of “real” transparency, I am proud to serve as Co-Chair of Rob’s campaign.

(The author is the Chairman of the Fire Commission.)

MT June 15, 2011 at 01:56 AM
Let me get this straight. A committee appointed by Jeb Walker including Mark DeWaele and Paul Giusti and other insiders negotiate a contract with the Police and Fire Unions. The Fire Union concedes everything asked of them, Mark and Paul decide it is insufficient and they convince the Town Council to vote down the contracts. All this and $90,000 of legal bills for contract negotiations now in arbitration for the first time in New Canaan. You wonder why there is no trust between the Unions and the "team?" The agenda for the Town Council meeting tomorrow lists an Executive Session to discuss contract negotiations. Maybe, they will finally approve the original contract just to get rid of the problem. This is leadership we can believe in!
Jon S. June 16, 2011 at 07:13 PM
Are you suggesting that the Giusti campaign, in fact Paul himself, is NOT using personal attacks and name-calling? You should really read his campaign's materials, letters and emails more carefully. I like Paul, but I'm against the imperial, "we know best" Town Hall his cronies have been running at our expense. Please don't tell any fellow citizen to "get over" the sidewalk fiasco; the Town Council was way out of touch with overall public opinion on that one (Town Council: 80/20; Voters: 52/48), and might even have lost that big spend altogether had Town Council Chair DeWaele had the common decency to tell the relevant truth and share the bridge arbitration news with ANYONE else for the whole time 2012 budgeting and the referendum itself were going on. I still don't know why he actively kept that off the agenda. The fact that the inner circle is all lined up behind Paul tells me it's time to vote for Rob Mallozzi. Which is exactly what I'll be doing.
Jon S. June 16, 2011 at 08:34 PM
Agree: Vote Mallozzi: a positive, informed decision, especially for those who feel the town needs a new, positive, informed direction.
Four Jacks June 16, 2011 at 09:14 PM
NCMOM - you are exactly right!
Elmcrest June 17, 2011 at 02:13 AM
I saw tonight's debate first-hand, and I have to respectfully disagree with your unsupported talking points. Incredibly, Paul is still pretending he had nothing to do with the Lakeview Bridge arbitration secrecy and bonding end-run. That kind of behavior is not clear, not open, not positive, and definitely not responsible.
Elmcrest June 17, 2011 at 02:30 AM
Glad you asked. I want Rob Mallozzi to represent me.
Eugenie Diserio June 17, 2011 at 03:25 AM
Watching on Channel 79 tonight I was very impressed with all candidates's RESPECTFUL presentations and well prepared rebuttals..there is really good hope for the future of our town!

Boards

More »
Got a question? Something on your mind? Talk to your community, directly.
Note Article
Just a short thought to get the word out quickly about anything in your neighborhood.
Share something with your neighbors.What's on your mind?What's on your mind?Make an announcement, speak your mind, or sell somethingPost something