Federal Aid Arrives as Shoreline Towns Report Budget Surpluses

Despite fears that the COVID-19 pandemic would leave towns scrambling to cover costs, Old Saybrook and East Lyme are each ending the 2020-21 fiscal year with more than $1 million of budget surplus.   Old Saybrook finance director Lee Ann Palladino said at a Board of Selectmen meeting on Wednesday that the town’s $1.5 million surplus is the result of strong revenues and an overall drop in expenses.  Anna Johnson, the finance director in East Lyme, described a similar situation. She said East Lyme had a $1.15 million surplus that would be placed in the town’s unassigned fund. Westbrook will also

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Across Connecticut Local Officials Report Better than Expected Tax Collections

In a world where many normal bureaucratic functions have been put on hold during the COVID-19 pandemic, property taxes in Connecticut are still being paid on time. Tax collectors across the state contacted by CT Examiner say that they have been pleasantly surprised by the amount of money they have collected so far in 2020. “I thought it would be a lot less,” said Deborah Fioretti, tax collector for the town of Avon. “It was better than I expected,” agreed Ridgefield Tax Collector Jane Berendsen-Hill.   On April 1, Gov. Ned Lamont issued an executive order requiring that towns offer the

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