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State Budget

September 3, 2015

Behavioral Health Subcommittee Struggles With Applying Medicaid Rate Increase

by Christine Stuart | September 3, 2015 6:00pm

Christine Stuart file photo A subcommittee of the Behavioral Health Partnership Oversight Council struggled Wednesday with how best to distribute a potential $8.3 million increase in Medicaid rates to more than 100 clinics throughout the state.

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Special Interest Group Sends Mailing To Thank Lawmaker For Charter Funding

by Christine Stuart | September 3, 2015 5:30am

State Rep. Brandon McGee, D-Hartford, is being thanked with a glossy mailer from a special interest group that has spent more than $1.1 million this year lobbying lawmakers and Gov. Dannel P. Malloy to make sure two new charter schools were included in the state budget.

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September 2, 2015

State Agencies Asked to Prepare Cuts

by Elizabeth Regan | September 2, 2015 5:30am

Hugh McQuaid file photo Already forced to find $200.6 million in savings in their 2016 budgets, state agencies are now being directed to cut 5 percent from their 2017 budgets — part of what state officials say is an annual exercise in responsible budgeting. 

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September 1, 2015

Lembo Certifies $800,000 Budget Surplus With Caution

by Christine Stuart | September 1, 2015 12:14pm

Christine Stuart photo The volatility of the financial markets is complicating budget forecasting, but state Comptroller Kevin Lembo estimated Tuesday that the 2016 budget will end with an $800,000 surplus.

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August 26, 2015

2016 Budget On Track To End With Small Surplus

by Christine Stuart | August 26, 2015 5:30am

CTNJ file photo One month into the new 2016 fiscal year, Office of Policy and Management Secretary Ben Barnes estimated that the state would end it next June with an $800,000 surplus.

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August 24, 2015

Lembo: Restricting Compound Drugs Has Saved Money

by Christine Stuart | August 24, 2015 3:53pm

Christine Stuart photo State Comptroller Kevin Lembo said Monday that the state has been able to cut spending by about $2 million per month by implementing restrictions on the use of questionable compound drugs.

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Malloy Confirms State Is In Talks With GE

by Christine Stuart | August 24, 2015 2:05pm

Christine Stuart photo Gov. Dannel P. Malloy confirmed Monday that he made a presentation to General Electric Co. officials earlier this month.

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August 21, 2015

State Won’t Say Whether It’s Preparing Counter-Offer for GE

by Christine Stuart | August 21, 2015 10:36am

Christine Stuart file photo In June when lawmakers passed a state budget that would increase corporate business taxes, General Electric, one of the most vocal critics of the budget deal, announced it was exploring a move to another state.

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August 20, 2015

UConn Begins To Close Budget Gap With Layoffs

by Christine Stuart | August 20, 2015 3:14pm

shutterstock The University of Connecticut confirmed Thursday that it started sending layoff notices last month to its employees in Storrs, its regional campuses, and its health center.

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August 14, 2015

Board of Regents President Announces His Resignation

by Christine Stuart | August 14, 2015 7:44pm

CTNJ file photo The second president of the Board of Regents system, which includes the four state universities, 12 community colleges, and one online college, announced his resignation Friday evening.

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