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The Bridgeport Financial Review Board immediately passed a resolution blocking the city from seeking bankruptcy protection and adopted a $319 budget for the city, ordering an 18% increase in property taxes. Bucci warned at the time that steep declines in property values could occur in the city. [15]
At the time Ganim took office, the city's dire financial straits caused it to be the only municipality in Connecticut to have its finances under the control of a state board. The state board had ordered the city to raise its property taxes by 18 percent to close a $16 million budget shortfall for the 1991–92 fiscal year. [5]
Bridgeport is the most populous city in the U.S. state of Connecticut [7] and the fifth-most populous city in New England, with a population of 148,654 in 2020. [3] Located in eastern Fairfield County at the mouth of the Pequonnock River on Long Island Sound, it is a port city 60 miles (97 km) from Manhattan and 40 miles (64 km) from The Bronx.
After graduating from college, Finch moved back to Bridgeport where he became a city council member for nine and a half years. While on the city council, Finch developed a record of cutting taxes, aimed to create new jobs, and was involved in public safety by voting to add more police officers to the city's force and promoting programs such as ...
The Mayor is the chief executive of Bridgeport, Connecticut who is directly elected for a four-year term. They have the power to issue executive orders, declare emergencies, submit a yearly budget to the city council and makes appointments to city government offices. As of July 2012, the Mayor of Bridgeport earns an annual salary of $132,459. [1]
Bridgeport (now a separate city) was the state's first borough, formed in 1800 or 1801 as a subdivision of the town of Stratford. Numerous additional boroughs were established thereafter, mostly during the 19th century, to serve a variety of local governmental purposes.
The Bridgeport Downtown North Historic District encompasses a portion of the commercial downtown of Bridgeport, Connecticut.It is roughly bounded on the north by Congress Street, the east by Water and Middle Streets, the south by Fairfield Avenue, and the west by Lyon Terrace (although it does not include any properties on the latter street), roughly the northeastern quadrant of the downtown area.
McLevy Hall is a historic municipal building at 202 State Street in downtown Bridgeport, Connecticut. The building was built in 1854 to house both the City Hall and the Fairfield County Courthouse, and served as Bridgeport City Hall into the 1930s. It was renamed McLevy Hall after Bridgeport mayor Jasper McLevy in 1966. [2]
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