M.A.R.B.
MUNICIPAL ACCOUNTABILITY REVIEW BOARD - 2018 IMPLEMENTER



RELATED INFORMATION, CT & ELSEWHERE,  ON "BANKRUPTCY" PAGE

IN THE IMPLEMENTER INITIALLY IN 2017

M.A.R.B. APPOINTMENTS/MEMBERSHIP








SPECIAL JULY 17, 2018 MEETING OF M.A.R.B.
We watched after the fact in two separate sessions.


WEST HAVEN FIRST.  O.P.E.B., CAPITAL BUDGET INDEPENDENT FIRE DISTRICTS
West Haven first at this Special Meeting.  Audit. $230 billion debt.  Three fire districts separate funding plans.  More later...debt service an issue.  Very interesting...OPEB contributions are taken away by other needs...22% funded.  Add financial staff.

  
SYMPATHY FROM FORMER MAYOR OF HAMDEN
Mayor Rossi explains to deaf ears why municipal government moves as slowly as it does - including unions and the "grievance" delays.  Will they go Level 4?

H A R T F O R D   T I E R    F O U R


JUST THE FACTS MA'AM
M.A.R.B. likes Tier 4.  They can avoid political realities that way.  Center for Public "Integrity" sounds like the CT MIRROR series...without attribution to the MIRROR.









Secretary Barnes Chairs. M.A.R.B.
He actually has Gov. Malloy's cadence
        
City of Hartford get OK for the next year's budget.  Cloud based service for all the data collection processes - sounds like Weston
Only one votes no.  Police Department has to do a dog and pony show to get body cameras.  Lots of discussion about how wonderful things are.  Contracts reviewed.



WEST HAVEN

       

Threat to be Tier 4 - but...new Mayor at right has new financial people and makes good points.





M.A.R.B. IN THE NEWS
NH Register June 5, 2018

WEST HAVEN — Members of the state Municipal Accountability Review Board praised city officials Monday for the work they’ve done so far to get West Haven back on track, but will recommend leaving “Tier 4” status open as a possibility, for now.

Tier 4 is a higher level of supervision under which the MARB would have the power to pass and implement an interim budget, raise the city’s tax rate or impose mid-year spending cuts and have greater latitude to approve or disapprove new labor contracts.

“I appreciate that the city has made an effort to avoid that outcome by enacting a set of budget provisions that, with a couple of areas of uncertainty, largely accomplishes” the goals the MARB has set out for the city, said state Office of Policy and Management Secretary Benjamin Barnes, the MARB’s chairman...

https://www.nhregister.com/news/article/MARB-members-praise-WH-fiscal-progress-but-will-12970462.php







"NOT SO FAST" SAY INSURANCE COMPANIES...
Jan 5, 2018 COURANT article in business section.  Isn't one of these three leaving for NYC?  At least before some takeover news???

Since "insurance" is a polite way of say "covering their bets"...read full report here:  http://www.courant.com/business/hc-biz-insurance-hartford-aid-20180105-story.html





Oliver Twist come again?
http://www.ctnewsjunkie.com/archives/entry/three_towns_seek_help_after_being_shortchanged_in_state_budget_2018_01_04/







M.A.R.B.
April 5, 2018
(Watching CT-N re-run)

OPM Sec'y Barnes Chairs. meeting (below left).- member, former First Selectman of Simsbury, Mary Glassman, and former Mayor of Hamden (and CT Labor Commissioner and Retirement Security Board Chair.) right.


Hartford Councilman for Public Comment - PILOT shortchanging. 
Question (member Peter Goia, not pictured) on Hartford debt. $34 million per year forever, I think that is what the Governor signed us up for.  Confirmed by Treasurer, not pictured.

Who's got the authority (member Scott Jackson)?  Treasurer compels city to restructure.

We're out of here to live Legislature...





MUNICIPAL FISCAL INDICATORS UPDATE COMING IT WAS REPORTED AT THE MEETING
First meeting December 8, 2017.  Co-Chairs. Treasurer of CT. and OPM Sec'y (below).  Remember the request for information about Grand List, funds available, etc.?



HOW IS THE STATE OF CONNECTICUT LIKE THE STATUE OF LIBERTY?
If says hello and come on down to the hopeless, tempest tossed - we are the golden door.  CTNEWSJUNKIE article here:  http://www.ctnewsjunkie.com/archives/entry/west_haven_hartford_would_qualify_for_assistance_12_8_2017/

ORGANIZATIONAL MEETING - there should be something in writings here - OPM website will have this eventually, we would think.

Municipal Accountability Review Board has first meeting at 10am at OPM (we didn't see it live on CT-N live - but we watched it a few days later) since it was not held at the Capitol).  And according to online source, Hans Brinker fairy tale includes this story about Haarlem, the little Dutch boy who put his finger in the dike and kept it there all night, to save the town from a flood.


Lots of q&a on this part of the agenda with everyone chiming in.  Who can really apply (asked by below member)?  (Can the State of Connecticut apply?)



Sec. 349 - 360.  In 2017 Implementer - amended from 1993 deficit bonds bill - State backs bonds (haha); Chap 9.  Eleven (11) members on M.A.R.B.
4 tiers - 3 & 4 highest.  Bond rating; fund balance; mil rate; increase in state aid.  Membership - Gov. gets 5 members.  Unions get a lot of members.  6 year terms.

1 - some distress;  gets info from MARB - limit to how long you can remain here.
2 - chief elected official applies.  In addition monthly financial reports, have a three year plan, tax collection and state aid number can't be tricky, deficit bonds with CT ok.  Restructuring funds.
Expenses for OPM staff charged to municipalities (3&4) - info must be provided.  Appeal to /ag
3 - Chief  exec or legislative body can apply for tier 3;  30 days to decide.  OPM Sec'y can designate a tier 3.  Refunding bonds, 25 yr bonds.  120,000 pop, Caa or less rating can fit immediately.  Municipality or Board of Ed can check contracts $50,000.  Collective bargaining agreements can reviewed.  Binding arbitration award for town not teachers.  Same requirements as 1 & 2.  Term of designation - 3 yrs positive surplus.  Restructuring funds available.  Assistance from CT Treasurer and OPM on contracts.  $20 million in current budget.
4 - Same as 3 for designation.  MARB could do it itself, too.  Must be approved by Governor.  Review level upped - local budget approval.  Review and approve all bonding.  Require changes, approve all collective bargaining.  Reqire budget transfer etc, appoint financial manager.  Same as tier three for terms of office.

ESTABLISH BYLAWS EVENTUALLY - draft presented.  Majority rules - bylaws - constituencies could get screwed.

MEETING TWICE A MONTH START JAN 4, 2018 location to be determined especially if item on agenda is about a particular community.