Pages tagged "economy"


Ganim Expresses Disappointment Over General Assembly Failure To Increase Minimum Wage

Bridgeport – Bridgeport Mayor and Democratic candidate for governor Joe Ganim is expressing disappointment that the General Assembly was not able to pass a bill that would have raised the minimum wage to $12 an hour by 2020.  The bill was approved in committee but did not receive a vote in the House or the Senate before the session ended this week.

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Ganim Praises Lawmakers For Approving Pay Equity Bill

Bridgeport – Bridgeport mayor and Democratic candidate for governor Joe Ganim says the final approval of the pay equity bill by the Connecticut General Assembly is a huge victory for women in the state.  The measure makes it illegal for employers to ask about a prospective employee’s wage and salary history.

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Ganim Calls on CT General Assembly to Legalize Sports Betting in Connecticut

Online, Mobile And Retail Sites For Sports Betting Could Net The State At Least $44 Million Per Year


BRIDGEPORT – Bridgeport Mayor and Democratic candidate for Governor Joe Ganim today called for the Connecticut General Assembly to pass Senate Bill No. 540, AN ACT AUTHORIZING SPORTS WAGERING AND ONLINE LOTTERY DRAW GAMES IN THE STATE.  The bill sets up legal, highly regulated, taxable sports betting in Connecticut.  If enacted, it is estimated that legalizing sports betting could bring the state another $44 million in annual revenue.  Gaming industry estimates in Connecticut currently show that state residents spend more than $600 million in illegal sports betting, generating some $36 Million in profits for illegal sports bookmakers.  Introducing legal sports wagering that could be taxed by the state at a rate of 15% could significantly eat into that black market.  Mayor Ganim is calling on the General Assembly to open up another stream of revenue at little or no cost to taxpayers.

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Mayor Ganim Discusses Need For Comprehensive Plan For CT Cities

This article originally appeared in the Hartford Courant

 

Bridgeport Mayor and Democratic candidate for governor Joe Ganim has been a vocal critic of the state’s promise to pay off Hartford’s debt and help the city stave off bankruptcy.

But at a candidate forum in Hartford Wednesday night, two days after Hartford Mayor Luke Bronin dropped out of the governor’s race, Ganim softened his stance.

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Mayor Ganim Calls For Fairness In State Treatment Of Connecticut Cities

This article originally appeared in the Hartford Courant.

 

As some legislators remain outraged over the controversial state bailout of Hartford, Senate Republican leader Len Fasano said Thursday that lawmakers are considering legislation to reverse the bailout to a more modest, two-year term.

Fasano said that he and other lawmakers believed they voted last year for a two-year, $40 million per year bailout to help the capital city avoid bankruptcy. But he was stunned when Gov. Dannel P. Malloy’s administration and the state treasurer signed a long-term, $550 million deal that would cover debt payments over two decades.

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Bridgeport Receiving Millions In Supplemental Car Tax Money From The State

This article originally appeared in the CT Post.

 

HARTFORD — Bridgeport will receive $3 million in supplemental car tax reimbursement money from the state, according to the Office of Policy and Management.

“This will more accurately reflect motor vehicle taxes based on updated property values in Bridgeport that took a hit as a result of the Great Recession,” said Mayor Joe Ganim in a statement. “In a very difficult budget year, it is critical to capture every dollar that our taxpayers deserve.”

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Bridgeport Continues Demolition Of Blighted Properties, With Mayor Ganim At The Wheel (With Video)

This article originally appeared on WSHU.com

 

Bridgeport mayor Joe Ganim climbed into the cab of a construction claw Tuesday and joined city leaders to demolish an abandoned property on the east side of the city. Ganim said this demolition has been in the works for a long time. It was an eyesore to the community. “This has been [here] I think over a decade from what I’ve been told, over a decade just sitting here,” said Ganim. “So if you live in this neighborhood, it’s just not fair.”

 

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Ganim: Legalize pot to create jobs, add revenue

This article originally appeared in the CT Post.

 

Bridgeport Mayor Joe Ganim says it’s time for Connecticut to legalize recreational marijuana.

“A legal regulated recreational marijuana industry would launch a new industry in Connecticut, create thousands of new jobs, and produce hundreds of millions of needed annual tax revenue for the state,” said Ganim, who is running for the Democratic nomination for governor.

“It is time we treated and regulated marijuana the same way we treat alcohol or tobacco. It is long past time we in this country acknowledged that attitudes about marijuana have changed dramatically and it is time for us too in this land of steady habits to change with it,” Ganim said in a Monday announcement.

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Mayor Ganim Delivers Budget With No Tax Increases To City Council

This article originally appeared in Only In Bridgeport.

 

Mayor Joe Ganim on Monday submitted a $561 million budget proposal to the City Council that calls for no tax increase for a second straight year. When it comes to city budgets, the devil’s in the details. It will be reviewed by the Budget & Appropriations Committee for action over the next six weeks or so before going to the full council for a vote. Most of the action is done at the committee level. Ganim, a candidate for governor, needs a tax message he can tout on the campaign trail. The current mil rate is 54.37.

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Ganim touts major developments across city

This article originally appeared in the Connecticut Post.

 

The future of Bridgeport’s business climate and economic development are brighter than ever before, according to Mayor Joe Ganim.

In his third State of the City address since he returned to office in 2015, Ganim attributed recent progress in citywide development to a trove of completed and ongoing projects — many that predate his administration.

“While a number of major businesses have announced that they are leaving the state, here in Bridgeport others are moving in and bringing with them millions of dollars in investments and jobs,” Ganim said, stating that his administration has been hard at work to attract investors and new businesses to the Park City to fuel its growth.

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