Westport First Selectman Gordon Joseloff issued the following statement in response to Gov. Dan Malloy's budget message:
I applaud Governor Malloy for tackling head-on the state's budget issues. While no one likes more taxes, clearly they are necessary as part of an overall plan to get Connecticut back on track to improved economic health.
We are grateful for only a marginal change in the education and non-education grants, which we estimate will result in about $20,000 less revenue for Westport in the next fiscal year. But this is offset by the plan to share some of the state's revenue streams with the municipalities.
Preliminary calculations are that Westport could gain as much as $1.5 million in additional conveyance tax revenue in 2011-12 under our current projection. We could also realize as much as $500,000 as our share in a boosted sales tax in the next fiscal year.
Sharing revenues from hotel stays and car rentals with Westport is likely to produce only marginal revenues.
The real unknown is how Malloy will gain the labor savings he projects. If he is successful, that could possibly set the stage for some savings at the local level.
? What do you think of Gov. Malloy's proposed state budget?
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