Tuesday, April 17, 2007

New Civic Center

At this point, I think there's little doubt that state taxes and spending will both increase significantly this year. So if you're wondering where your tax dollars are going besides the Catastrophe Fund... here's one place:

AN ACT CONCERNING THE FEASIBILITY OF CONSTRUCTING A NEW ARENA IN THE CITY OF HARTFORD.

It's estimated that the consultant will charge between $150,000-250,000 for the study "of replacing the Hartford Civic Center coliseum with a new arena."

And if you wonder why I'm so concerned about CTs long-term liabilities, this study is a perfect example. It's going to be funded with "the proceeds of bonds issued for the project."

You can thank the Commerce Committee for this bill (passed 14-5).

Tim White

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