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The Hartford Citizen

Questions for the Treasurer. May 1, 2016. City of Hartford Treasurer Adam Cloud is scheduled to meet with the Council’s Operations, Management, Budget, and Government Accountability Committee on the evening of Monday, May 2, 2016. The Office of the Treasurer acts as a co-issuer of the City’s debt and as the investor of the pension fund. Both the debt and the pension contributions have been cited as contributing factors to Hartford’s structural budget deficit. Questions About the General Obligation Debt.

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The Hartford Citizen | hartfordcitizen.com Reviews

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Questions for the Treasurer. May 1, 2016. City of Hartford Treasurer Adam Cloud is scheduled to meet with the Council’s Operations, Management, Budget, and Government Accountability Committee on the evening of Monday, May 2, 2016. The Office of the Treasurer acts as a co-issuer of the City’s debt and as the investor of the pension fund. Both the debt and the pension contributions have been cited as contributing factors to Hartford’s structural budget deficit. Questions About the General Obligation Debt.

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The Hartford Citizen | hartfordcitizen.com Reviews

https://hartfordcitizen.com

Questions for the Treasurer. May 1, 2016. City of Hartford Treasurer Adam Cloud is scheduled to meet with the Council’s Operations, Management, Budget, and Government Accountability Committee on the evening of Monday, May 2, 2016. The Office of the Treasurer acts as a co-issuer of the City’s debt and as the investor of the pension fund. Both the debt and the pension contributions have been cited as contributing factors to Hartford’s structural budget deficit. Questions About the General Obligation Debt.

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hartfordcitizen.com

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July 2015 Debt Restructuring | The Hartford Citizen

http://hartfordcitizen.com/2015/07/23/july-2015-debt-restructuring

July 2015 Debt Restructuring. July 23, 2015. The City of Hartford began the 2015-2016 fiscal year with a $78.06 million debt issue intended to help balance the current year budget by deferring payments. The chart below compares the scheduled debt payments before and after the restructuring. The City’s projected debt profile as of June 30, 2015 is shown in the rear in green. On top of that series, the purple bars show the City’s new debt profile after the restructuring. Has not been included in this calcu...

2

Questions for the Treasurer | The Hartford Citizen

http://hartfordcitizen.com/2016/05/01/questions-for-the-treasurer

Questions for the Treasurer. May 1, 2016. City of Hartford Treasurer Adam Cloud is scheduled to meet with the Council’s Operations, Management, Budget, and Government Accountability Committee on the evening of Monday, May 2, 2016. The Office of the Treasurer acts as a co-issuer of the City’s debt and as the investor of the pension fund. Both the debt and the pension contributions have been cited as contributing factors to Hartford’s structural budget deficit. Questions About the General Obligation Debt.

3

First Restructuring Committee Meeting | The Hartford Citizen

http://hartfordcitizen.com/2015/01/07/first-restructuring-committee-meeting

First Restructuring Committee Meeting. January 7, 2015. City of Hartford COO Darrell Hill convened the first meeting of the Hartford Committee on the Restructuring of City Government. On the afternoon of Monday, January 5, 2015. Nine of the twelve committee members attended at least a portion of the meeting. There appeared to be some membership changes since the initial appointments. The gathering focused on background information and the committee’s overall mission. Mr Hill said that the committee must ...

4

Hartford’s Taxable Debt | The Hartford Citizen

http://hartfordcitizen.com/2015/07/24/hartfords-taxable-debt

Hartford’s Taxable Debt. July 24, 2015. Municipal bonds are usually tax-exempt. This is an advantage for cities, as interest rates are lower on tax-exempt bonds. The last two debt issues by the City of Hartford have included a portion of the overall borrowing that did not qualify for tax-exempt treatment, raising the overall cost of borrowing. The Hartford Stadium Authority issued taxable bonds. Used to balance the current year budget. The City’s debt profile can be separated into refunding issues ...

5

The Fiscal 2016 Budget | The Hartford Citizen

http://hartfordcitizen.com/2015/07/28/the-fiscal-2016-budget

The Fiscal 2016 Budget. July 28, 2015. Hartford’s leaders passed a balanced budget for fiscal 2016. Reports varied about the precise size of the budget gap leaders overcame. The Committee on the Restructuring of City Government. Reported the gap to be $40.4 million at their first meeting in January. The Mayor’s Message that accompanied the adopted budget. Noted that leadership mitigated a $48.7 million budget gap. The official press release on May 28th. Next, the debt was restructured. Finally, the City ...

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hartfordcitizen.com

The Hartford Citizen

Questions for the Treasurer. May 1, 2016. City of Hartford Treasurer Adam Cloud is scheduled to meet with the Council’s Operations, Management, Budget, and Government Accountability Committee on the evening of Monday, May 2, 2016. The Office of the Treasurer acts as a co-issuer of the City’s debt and as the investor of the pension fund. Both the debt and the pension contributions have been cited as contributing factors to Hartford’s structural budget deficit. Questions About the General Obligation Debt.

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