Latest news with #FinanceandPersonnelCommittee
Belfast Telegraph
21-05-2025
- Business
- Belfast Telegraph
Nama trial hears recording of Stormont finance committee meeting chaired by former Sinn Fein MLA
A recording of a Stormont finance meeting which was chaired by former Sinn Fein MLA Daithi McKay has been played at the 'Nama' trial. During the Finance and Personnel Committee meeting in September 2015, members discussed how to proceed in hearing evidence from witnesses in relation to an inquiry into the sale of Nama's assets in Northern Ireland to a US-based investment fund.
Yahoo
01-04-2025
- Business
- Yahoo
Measure to let Milwaukee residents decide how to spend $600,000 of city budget advances, heads to full council
The Milwaukee advocacy group African American Roundtable has long pushed for the city's government to adopt participatory budgeting — allowing residents to decide how to spend part of a budget. It moved closer to that goal Monday. The Common Council's Finance and Personnel Committee unanimously backed legislation that includes money for participatory budgeting. The full council is expected to take up the measure Wednesday. 'It's obviously been a long, long time coming for us,' Devin Anderson, AART's campaign and membership director, said. 'To even get it to the Finance and Personnel Committee is really an exciting step for us. People have been asking and we've been demanding participatory budgeting for years. We are just really excited … about the possibility of this being a thing.' The resolution allocates $600,000 for a resident-led community budgeting program, which includes funding to establish a steering committee to oversee the program. The money would come from the $2.4 million Council-Led Transformational Fund meant to be spent on programs that "uplift the residents of Milwaukee and transform the community by strengthening support to residents most in need," according to budget resolution also includes funding for these and other programs: $100,000 for Hanan Refugees Relief Group for refugee services $75,000 to Diverse and Resilient for violence and homelessness prevention services $50,000 to Teens Grow Greens for urban agriculture apprenticeship programs $50,000 to Friendship Circle of Wisconsin for suicide prevention training $15,000 for wage increases for City of Milwaukee Earn & Learn participants $300,000 to finance housing rehabilitation projects in the Metcalfe Park community The Transformational Fund spending has been a long time coming for one of the legislation's main co-sponsors, Ald. Milele Coggs. Discussions of getting residents to weigh in on budget spending date to the city's ARPA Funding Allocation Task Force. The then-group was tasked in 2023 with getting resident input on how to use the city's remaining money from the American Rescue Plan Act. The Transformational Fund's money comes from the ARPA funding. Coggs said she never lost sight of what residents said was important to them. "This is just one other opportunity to make sure that we are using resources to address some of the concerns residents have brought to us," she said. Ald. JoCasta Zamarripa called the allocation of these funds a "love letter" to city residents. "This is our investment in the people of the city of Milwaukee," she said. "This expresses our commitment to the people of the city of Milwaukee." Ald. Scott Spiker expressed some reservations about allocating $2.4 million if there's a budget shortfall. But the legislation, he said, funds many good programs, some of which are urgent. 'I do have concerns about what we potentially are giving up," Spiker said. 'That's not something anybody can solve without a crystal ball.' AART's Anderson is confident the Common Council will pass the participatory budgeting measure. Milwaukee wouldn't be the first Wisconsin city to use participatory budgeting. That title goes to Eau Claire, which in 2020 did one phase of grants, limited due to funding constraints. Across the U.S., nearly 300 participatory budgeting initiatives exist at the city and county levels, according to the Participatory Budgeting Project's website. If it passes in Milwaukee, it'll take several months to get the initiative started. The process includes establishing a steering committee that would include both residents and city officials, and setting up voting eligibility and project parameters. Anderson said the steering committee will have purview on what projects are eligible for funding. 'Having the money there is one thing,' he said. 'We want to make sure that this process can engage as many residents as possible, to make sure that we are reaching all residents in all parts of the city to have them engaged and participate in this.' AART has long pushed to devote fewer city dollars on policing. But a 2023 state law known as Act 12 puts the city at risk of losing funding if it doesn't increase its police staffing to state-imposed levels. 'With this $500,000, we really want to prioritize other ways we can improve our communities that don't include funding the police anymore,' Anderson said. The effort to get the city to adopt participatory budgeting came in fits and starts over the last six years. AART first proposed the concept in 2019 through its Liberate MKE campaign. The campaign sought to divert funds from the Milwaukee Police Department to community programs. A 2019 proposal aimed to create a $100,000 participatory budget pilot giving residents input on city violence prevention funds for the 2020 budget before being withdrawn. During the pandemic, the group made several pushes to allocate some of the city's federal pandemic aid from the American Rescue Plan Act or ARPA money to fund community programs through participatory budgeting. 'All of those moments were unsuccessful, but we continued to keep the momentum,' Anderson said. AART even went as far as to front its own money to educate people about how participatory budgeting works. The group had residents propose projects and then vote on which one would share in $40,000 in grant money. Four community-led projects got $10,000 grants each. The effort, Anderson said, showed what's possible when funding resident-driven projects and trusting them to decide as well as execute programs that help their communities. 'Organizing works,' he said. Anderson said it also shows what can happen when the government makes people part of the process, instead of excluding them. 'I think we are in a time where people feel like government is not working for more and more folks," he said. "This is an opportunity to empower residents." La Risa Lynch is a community affairs reporter for the Milwaukee Journal Sentinel. Email her at llynch@ This article originally appeared on Milwaukee Journal Sentinel: Milwaukee participatory budgeting measure advances to full Council
Yahoo
25-02-2025
- Business
- Yahoo
No property tax on new homes? Rockford considers extending 3-year program
ROCKFORD, Ill. (WTVO) — The City of Rockford wants new homeowners to have a break from paying property taxes for three years. The Three-Year Property Tax Rebate Program for Newly-Built Residential Construction went into effect in 2023 and is coming up for renewal. 'If you pulled a permit to build that home in 2024, you get a three-year tax rebate. So for the next three years, you don't pay property taxes [and then] year four, year five, you start to pay property taxes,' said Mayor Tom McNamara. 'We definitely think our property tax rebate program has jump-started a lot of the new construction for residential use that we saw in 2024,' McNamara went on. 'Typically before that, we would see between 10 and 25 residences being built. Now we saw more than 130 of them.' The new homes include single-family homes, duplexes, and quads, the most construction Rockford has seen since 2007. 'We are doing this on an existing lot. So, what we're not doing is expanding Rockford out to areas where there may not be water, there may not be sewer lines. What we're doing is what we call 'in-fill.' And so we're 'in-filling' existing parcels that just have not been developed yet,' McNamara said. Rockford's Finance and Personnel Committee meets Monday night to discuss and vote on continuing the program. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
