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State Budget

January 22, 2019

ANALYSIS | Big-Time UConn Athletics Are Bleeding Money; Are They All Worth It?

by Susan Bigelow | Jan 22, 2019 5:00am
Posted to: Analysis | Education | Opinion | Sports | State Budget | Taxes

Miro Vrlik Photography via shutterstock

There’s a government department where state employees earn eye-popping seven-figure salaries, put out products that are sometimes brilliant but mostly mediocre, and have lately been losing over $40 million each year. If we weren’t talking about University of Connecticut athletics, it’s hard to see how it would ever survive.

Continue reading "ANALYSIS | Big-Time UConn Athletics Are Bleeding Money; Are They All Worth It?" »

January 21, 2019

OP-ED | Lawmakers Need To Move On Legal Cannabis, Or Cede the Upside

by Terry Cowgill | Jan 21, 2019 5:00am
Posted to: Agriculture | Analysis | Business | Startups | Civil Liberties | Opinion | State Budget | Taxes

Courtesy of Terry Cowgill and the Berkshire Edge

It seems like our culture is changing at breakneck speed before our very eyes. Over the past 25 years, the internet, smartphones, and the information revolution are the most visible reminders of how far we’ve come since the days of afternoon newspapers, letters to the editor, and Walter Cronkite. Moreover, the lightning speed of the shift in attitudes toward the LGBTQ community has left my head spinning.

Continue reading "OP-ED | Lawmakers Need To Move On Legal Cannabis, Or Cede the Upside" »

January 16, 2019

Fiscal Deadlines and Teachers’ Retirement Fund Top Agenda

by Jack Kramer | Jan 16, 2019 12:21pm
Posted to: Town News | Labor | Local Politics | State Budget | Pensions | Taxes

Jack Kramer / ctnewsjunkie

PLANTSVILLE, CT — The timing of municipal aid and who should be responsible for funding the Teacher Retirement System were primary topics of discussion between legislative leaders and municipal officials at the annual Council of Small Towns (COST) meeting Wednesday.

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VIDEO: The Squeeze Is On: The Next State Budget

by CTNewsJunkie | Jan 16, 2019 9:51am
Posted to: Opinion | Live Broadcast | State Budget | Pensions | Taxes | State Capitol

CTNewsJunkie’s first policy panel discussion of 2019, The Squeeze Is On: The Next State Budget, featured as panelists State Comptroller Kevin Lembo, Connecticut School Finance Project Executive Director Katie Roy, and Deputy House Minority Leader Vincent Candelora with CTNewsJunkie’s Christine Stuart as moderator.

This event was made possible through the sponsorship of Dominion Energy and host reSETco.org (the Social Enterprise Trust) — Hartford’s first co-working space.

Continue reading "VIDEO: The Squeeze Is On: The Next State Budget" »

January 15, 2019

Increase in Tax Revenues Reduces But Doesn’t Erase Deficits

by Christine Stuart | Jan 15, 2019 11:30pm
Posted to: State Budget | Taxes | State Capitol

ctnewsjunkie file photo

HARTFORD, CT — Three of Connecticut’s largest tax categories saw growth between November and January, which means revenues are expected to come in $464.3 million higher than expected. That’s after $648 million is transferred to the Rainy Day Fund under the volatility cap.

Continue reading "Increase in Tax Revenues Reduces But Doesn’t Erase Deficits" »

January 11, 2019

Pension Commission Still Wrestling With Asset Question

by Christine Stuart | Jan 11, 2019 9:52am
Posted to: State Budget | Pensions

Christine Stuart / ctnewsjunkie file photo

HARTFORD, CT — Would $500 million in state-owned property be enough to create a trust fund to help stabilize one of the nation’s worst under-funded pension liabilities? Should state parks and forests be exempt from consideration? What about polluted or historic properties?

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January 9, 2019

Lamont: ‘Fix This Damn Budget, Once and for All!”

by Christine Stuart and Jack Kramer | Jan 9, 2019 3:52pm
Posted to: State Budget | Taxes | State Capitol

Christine Stuart / ctnewsjunkie photo

HARTFORD, CT — In his maiden address to a joint session of the House and the Senate, Gov. Ned Lamont said he didn’t want the next four years to be defined by a fiscal crisis.

Continue reading "Lamont: ‘Fix This Damn Budget, Once and for All!”" »

Battle Over Tolls Begins

by Jack Kramer | Jan 9, 2019 2:00pm
Posted to: State Budget | Taxes | Transportation

Jack Kramer / ctnewsjunkie

HARTFORD, CT — Wednesday was a day for pomp and circumstance as the new General Assembly, Governor, and Lieutenant Governor were sworn in, but a few people showed up at the state Capitol to remind everyone that the issue of tolls is going to be a big — if not THE issue — this session.

Continue reading "Battle Over Tolls Begins" »

Marijuana Legalization Advocates Waste No Time

by Jack Kramer | Jan 9, 2019 10:06am
Posted to: Agriculture | Business | Civil Liberties | Consumer Protection | Public Health | Public Safety | State Budget | Taxes | State Capitol

Jack Kramer / ctnewsjunkie photo

HARTFORD, CT — It didn’t take long for proponents of legalizing recreational cannabis to start making their case Wednesday to the newly-convened General Assembly.

Continue reading "Marijuana Legalization Advocates Waste No Time" »

Firmly In the Minority, Republicans Stay On Message

by Christine Stuart | Jan 9, 2019 5:30am
Posted to: Election 2018 | State Budget | State Capitol | Transportation

Christine Stuart / ctnewsjunkie

HARTFORD, CT — When the 2019 session opens today there will be fewer Republicans than in the past, but that doesn’t mean they are going to change their message.

Continue reading "Firmly In the Minority, Republicans Stay On Message" »

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