Bridgeport’s budget without Ganim’s tax hike relies on COVID aid and airport sale
BRIDGEPORT — Earlier this week, Mayor Joe Ganim presented a $605.1 million budget to City Council that he called “comprehensive” and “balanced” and “will have a positive and tangible impact on the quality of life of our residents.
But this budget proposal, an increase of about $7 million from the current year, relies on millions of dollars in one-time and expected revenues, including $10 million from Bridgeport’s share of the federal last year’s coronavirus relief; $4 million from the impending sale of the city-owned Sikorsky Memorial Airport in Stratford; and $2.1 million in additional state aid.
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