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11020674461?profile=original
African American Mayors Association Applauds New Administration Steps to Stop Gun Violence
(Washington, D.C.) — This week, President Biden announced new steps to curb gun violence and called on Congress to provide more funding for community policing.
 
Mayor Sylvester Turner (Houston, TX), president of the African American Mayors Association, issued the following statement in response: 
 
“Black mayors applaud the efforts of the Administration to curb violence in communities across our country. We have long advocated for and implemented practical solutions to foster community-centered policing that keeps all Americans safe. The Biden administration will help bolster our efforts by reducing the interstate flow of guns used in crimes, investing in proven violence interventions, expanding support services for young adults, and more – all while keeping the community at the focal point. 
 
“We also join President Biden in calling on Congress to invest significant funding in evidence-based crime prevention strategies that center the needs of communities. With the support of our legislators, we can reduce violent crime and provide our constituents with the tools to thrive.”
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The African American Mayors Association (AAMA) is the only organization exclusively representing over 500 African-American mayors across the United States. AAMA seeks to empower local leaders for the benefit of their citizens. The role of the AAMA includes taking positions on public policies that impact the vitality and sustainability of cities; providing mayors with leadership and management tools; and creating a forum for member mayors to share best practices related to municipal management
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Fair Haven Community Health Care 

4 locations in New Haven are handing out free COVID test kits and N95 masks this weekend. No ID is needed and everyone is welcome!
Read below and check out these flyers for more information:
Saturday 2/5 1:30 PM to 3:30 PM at 255 Goffe St (Bethel AME Church)
Sunday 2/6 10:00 AM to 4:00 PM at 884 Grand Avenue (Upon This Rock Ministries)
Sunday 2/6 1:00 PM to 3:00 PM at 242 Dixwell Avenue (Varick AME Zion Memorial Church)
Sunday 2/6 1:30 PM to 3:30 PM at 224 Shelton Avenue (Newhallville Learning Corridor)

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Washington’s Failure to Pass Critical Voting Rights Legislation Will Hurt Communities of Color Nationwide, Says African American Mayors Association 
(Washington, D.C.) — The Senate blocked the passage of the Freedom to Vote: John Lewis Act – critical legislation that would have safeguarded the right to vote, banned partisan gerrymandering, and made campaign financing more transparent. 
 
Mayor Sylvester Turner (Houston, TX), president of the African American Mayors Association, issued the following statement in response. 
 
“This week, Washington dealt a major blow to our democracy. Rather than combating the scourge of voter suppression laws sweeping the nation – including in my state of Texas – Congress opted to stand down and do nothing. There’s no question that communities of color will be disproportionately harmed by this reckless inaction. 
 
“The right to vote is not a partisan issue. And yet, it has become weaponized for political gain. That’s perilous for the future of our democracy. 
 
“We will not allow partisan politics to jeopardize our fundamental rights. My fellow mayors and I will continue to do everything in our power to ensure that our constituents can exercise their right to vote. And we will keep pushing Congress to adopt legislation that makes our elections accessible for all Americans, regardless of political party. 
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The African American Mayors Association (AAMA) is the only organization exclusively representing over 500 African-American mayors across the United States. AAMA seeks to empower local leaders for the benefit of their citizens. The role of the AAMA includes taking positions on public policies that impact the vitality and sustainability of cities; providing mayors with leadership and management tools; and creating a forum for member mayors to share best practices related to municipal management.
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11020673859?profile=original
Hartford, CT – On February 1, 2022, Connecticut State Treasurer Shawn T. Wooden transmitted the Cash and Bonding Report for the month of December 2021 with updates as of January 29, 2022, to the Governor and General Assembly. The Report highlights Connecticut’s continued strong cash position during the pandemic. Additionally, the Treasurer shares his perspective on the capital markets and planned bond issuances for the remainder of the fiscal year.
 
Cash Position
 
As of January 29, 2022, the state’s overall available cash is at an all-time high at $12.3 billion, and the common cash pool is at $9.9 billion.
 
“Notwithstanding challenges from rising inflation costs across the nation and Connecticut moving past last month’s COVID-19 surge from the highly transmissible Omicron variant, Connecticut’s economic recovery and fiscal health continue to improve,” said State Treasurer Shawn T. Wooden. “The State’s overall available cash is at an historic high, $12.3 billion and the new projected surplus for fiscal year 2022 is now $1.48 billion, up $571.4 million from last month’s forecast. This gives us the potential to continue to responsibly pay down Connecticut’s pension liabilities at an accelerated rate for the third consecutive year.
During the course of December, the assets of the Short-Term Investment Fund increased from $12.2 billion to $14 billion, reflecting balance increases in state accounts as well as municipal accounts. Additionally, in December, the state’s Department of Labor reported that the unemployment rate dropped from 6% to 5.8% and that Connecticut employers added 600 jobs, displaying the underlying strength of our economic recovery.
Connecticut’s improved fiscal standing is bringing long-term benefits to the state’s finances but it’s clear that high inflation rates continue to impact thousands of Connecticut families. I am hopeful that state leaders, including the Legislature, put forth smart family-friendly economic policies this session to continue to help address an uneven economic recovery.”
The state’s common cash pool contains the operating cash in many funds and accounts. The cash is pooled in order to make the most effective and efficient use of aggregate balances and to allow positive balances in one fund to temporarily offset negative balances in other funds. Bank balances are consolidated daily. Funds that are not projected to be immediately needed to fund disbursements are collectively managed in various short-term investments or bank accounts that earn interest to successfully meet projected cash flows. No temporary transfers from bond proceeds investment accounts have been made since December 2017.
 
 
Capital Markets
 
Over the prior months, we’ve been focused on the Federal Reserve Bank’s decisions with respect to a potential shift in monetary policy. During the past month, the market has been trying to discern the path the Federal Reserve might take and what the resultant impact might be on the economy and the various asset classes. On January 26, 2022, the Federal Reserve announced its intentions at the end of their Federal Open Market Committee (“FOMC”) policy meeting. In the FOMC statement, they said “With inflation well above two percent and a strong labor market, the Committee expects it will soon be appropriate to raise the target range for the Federal Funds rate. The Committee decided to continue to reduce the monthly pace of its net asset purchases, bringing them to an end in early March.” Essentially, the Federal Reserve will finish pulling the quantitative easing lever by ending the purchase of securities for their balance sheet and beginning to pull the Federal Funds rate lever.
 
The market has, as previously noted, been adjusting expectations on the path of interest rates through interest rate futures and forward interest rate markets. Currently, the Federal Funds futures market is pricing in three increases in the Federal Funds rate by the end of Connecticut’s fiscal year and nearly five increases in this rate by the end of calendar year 2022. Similarly, Eurodollars (U.S. deposits at foreign banks, and a very liquid interest rate series) also forecast three rate increases during the remainder of the state’s fiscal year and nearly five increases for the calendar year. These forecasts have increased over the last month by one hike and three hikes over the fiscal and calendar year, respectively.
 
Inflation continues to be a cause for concern for the Federal Reserve as well as the capital markets. Inflation, as measured by the Consumer Price Index (“CPI”, year-over-year change) was reported at 7.0 percent in January, up from the prior month’s 6.8 percent. Excluding the volatile food and energy components, CPI was reported at 5.5 percent, up from the 4.9 percent reported a month earlier. Another gauge of prices, the Personal Consumption Expenditures (“PCE”, year-over-year change) was reported at 5.7 percent, up from the prior month’s revised 5.1 percent. 
 
As capital market participants have changed their assumptions on the path of interest rates, the various asset classes within the capital markets have begun to reflect these changes and the impact higher interest rates will have upon the various asset classes. During the month, the yield on the ten-year U.S. Treasury yield increased by nearly 26 basis points (0.26 percent), which contributed to the decline in the Bloomberg US Aggregate Bond Index of 2.13 percent. The market also revalued risk assets, causing equities to decline. U.S. equities, as measured by the Russell 3000 index, declined by 6.06 percent during the month and global equities, as measured by the MSCI All Country World Index, declined 6.93 percent during the month. 
 
 
Periodic returns of the various asset classes: 
  
Citation: Graphs and charts are attributable to Bloomberg News
Bond Issuance Schedule:
Treasurer Wooden plans to complete two bond transactions before the end of fiscal year 2022:
  •  The first bond transaction is scheduled for March of 2022 and is for up to $260 million of the University of Connecticut, General Obligation Debt Service Commitment Bonds. These bonds will fund capital improvements and are tentatively expected to be sold the week of March 28 and close in April 2022.
 
  • The second bond transaction is scheduled for May/June of 2022 and is for up to $800 million of General Obligation Bonds to be issued in series as taxable and tax-exempt bonds. These bonds will fund a variety of capital improvements and grant programs across the state. This bond issue was approved by the State Bond Commission during their meeting on December 21, 2021.
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About the Office of the State Treasurer Under the leadership of Connecticut’s State Treasurer Shawn T. Wooden, the Office of the Treasurer is dedicated to safeguarding taxpayers’ dollars and the state’s financial resources, while maximizing returns, minimizing risks, and operating at the highest professional and ethical standards. Through receiving, investing, and disbursing, the Office continues to enhance the state’s fiscal stability, financial literacy, college and disability savings, and its approach to leveraging business partnerships to combat social issues such as gun violence, climate change, and equal opportunities in economic growth. Learn more about the Office of the Treasurer here and follow along on FacebookInstagram and Twitter.
Office of the Treasurer | 165 Capitol Avenue Hartford, CT, 06103
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11020672059?profile=original

When the line up is hitting. It’s giving Arts & Culture. Be sure to tune in Saturday February 19th at 10am for our second annual Unapologetically Radical Conference with Keynote Speaker @tamikadmallory 11020672298?profile=original

This year there will be a shift and we will be sure to move culture in a way you’ve been needing to see. What makes you Unapologetically Radical? Register today at http://unapologeticallyradical.splashthat.com

#unapologetic #radical #culture #artsandculture #hiphop #newhaven #CT

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Tune into the First Friday's Hosted by Maurice Williams , on the Tom Ficklin Radio Show, Friday morning February 4th, 2022, 11 am EasternMay be an image of one or more people, beard and suit . Find out why the community will stop the APT Foundation from invading Newhallville. " We the People-part 1" Also Tune into a Special Edition of the Tom Ficklin Radio Show with guest host Sean Reeves on Monday, February 7th at 11 am Eastern to further be informed. "We the People-Part 2". Join Maurice on Friday morning and Sean on Monday morning and their guests, No photo description available.

just go to Click Here Join in . For convenience and referral, my shows are archived. Click Here for Show Archives

 

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Regina Sung, Photo Editor

Students will be allowed to eat inside dining halls for the first time since Dec. 16, when Yale transitioned to grab-and-go service, starting on Monday.

Dining halls will transition from grab-and-go to dine-in service on Monday

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May be a black-and-white image of 4 people and people standing
A tribute to recently deceased New Haven native Fred Parris, of the Five Satins. This photo, from The New Haven Sound by Paul Lepri, shows Mr. Parris on the far right with four of the Five (from left to right: Nate Moseley, Sy Hopkins, and Lew Peeples). Here's a link to their 1956 hit "In the Still of the Nite:" https://buff.ly/3FWRFVL
[Image Description: A black and white photo of four members of The Five Satins, all wearing matching suits. From left to right, members Nate Moseley, Sy Hopkins, and Lew Peeples pose singing with their arms outstretched to the right. On the far right, Fred Parris is turned to the left, looking up and singing.]
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City Hall with an update on the parking ban. Por favor espere para escuchar este mensaje en español.  

The citywide parking ban will be lifted at 12:00 PM (noon) today. If you’ve parking in a school lot please remove your car by 2 PM. If you’ve parked in a Yale lot please remove your car by 5 PM. We appreciate everyone’s patience and cooperation.

Please remember to clear your sidewalk – it’s the law. 

Thanks, and have a good day.

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11020671858?profile=originalCity Hall with an update on the winter storm. Por favor espere para escuchar este mensaje en español.  

The City of New Haven has received approximately 9 inches of snow and current forecasts call for another 1-3 inches over the next couple of hours with snow ending sometime after 5 PM. New Haveners have stepped up by staying off the roads and abiding by the parking ban. We really appreciate everyone’s cooperation. 

Our Parks and Public Works crews have been working hard all day to keep roads clear. This work will continue for many hours after the snow stops falling. To aid those efforts the parking ban remains in effect likely until tomorrow. We will keep you updated as to when it will end.  

We greatly appreciate your patience.

When the snow ceases, please remember to clear your sidewalk – it’s the law.

Thank you for your patience and cooperation. Please be safe.

 

Hola a todos, soy el alcalde Justin Elicker con una actualización sobre la tormenta de nieve.

La ciudad de New Haven ha recibido aproximadamente 9 pulgadas de nieve y los pronósticos actuales indican que caerán otras 1-3 pulgadas durante las próximas dos horas y terminará después de las 5 de la tarde. Los habitantes de New Haven se han mantenido alejados de las carreteras y respetando la prohibición de estacionamiento. Sinceramente apreciamos la cooperación de todos.

Nuestros equipos de Parques y Obras Públicas han estado trabajando arduamente todo el día para mantener las carreteras despejadas. Este trabajo continuará durante muchas horas después de que la nieve deje de caer. Para ayudar a esos esfuerzos, la prohibición de estacionamiento sigue vigente; les mantendremos informados sobre cuándo terminará.

Agradecemos mucho su paciencia.

Cuando deje de nevar, recuerde despejar su acera; es la ley.

Gracias por su paciencia y cooperación. Por favor, tenga cuidado

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