by Christine Stuart | December 6, 2013 2:24pm
A Superior Court Judge rejected the state’s request to dismiss an 8-year-old education funding lawsuit Thursday.
Continue reading "Judge Rejects Request To Dismiss Education Funding Lawsuit" »
by Christine Stuart | December 2, 2013 12:53pm
The success of the tax amnesty program and increases in the sales and corporation taxes have put the state on track to end the year with a $245.9 million budget surplus, state Comptroller Kevin Lembo said Monday.
Continue reading "Tax Amnesty Helps Boost State Budget Surplus" »
by Christine Stuart | November 26, 2013 5:30am
If state budget analysts had used the same method of accounting, the difference in the projected deficit for the next biennium would have been about $66 million. Instead, it’s about $488 million.
Continue reading "Lawmakers Hear About Future Budget Deficits" »
by Hugh McQuaid | November 22, 2013 1:47pm
Panelists at a forum Friday grappled with the challenge of engaging the public on critical but dry fiscal problems facing the state like unfunded pension liabilities.
Continue reading "How Does Connecticut Get People To Care About Pension Reform?" »
by Christine Stuart | November 19, 2013 11:27am
Democratic State Comptroller Kevin Lembo announced Tuesday that will be seeking re-election in 2014.
Continue reading "Lembo Praises Public Financing In Announcing Re-Election Bid" »
by Christine Stuart | November 18, 2013 2:30pm
The state was able to collect between $175 million and $180 million through one of the “broadest and most targeted” tax amnesty programs in state history, Revenue Services Commissioner Kevin Sullivan said Monday.
Continue reading "State Collects Up to $180M in Delinquent Taxes Through Amnesty Program" »
by Christine Stuart | November 17, 2013 10:02am
The Malloy administration has decided to use a new accounting method track its budget outlook, and it appears that the new method paints a better picture of potential deficits going forward. However, Nonpartisan budget analysts disagree.
Continue reading "Malloy Administration Changes Accounting Method; Nonpartisan Analysts Still Predict $1.1B Deficit" »
by Hugh McQuaid | November 6, 2013 4:31pm
Toni Harp’s election as New Haven mayor will leave vacant the Senate chair of the legislature’s Appropriations Committee, a powerful position that she has held for more than a decade.
Continue reading "Harp’s Victory to Leave Vacancy on Budget-Writing Committee" »
by Hugh McQuaid | November 1, 2013 11:44am
Faced with a climbing inmate population, state prison officials have suggested the current correction system may be too complicated to manage effectively.
Continue reading "Correction Department Administrators Call For Better Data Crunching Tools" »
by Christine Stuart | November 1, 2013 11:00am
The state budget is in better shape this November than it was last November, according to state Comptroller Kevin Lembo’s monthly letter to Gov. Dannel P. Malloy.
Continue reading "State Budget In The Black" »