District Lays Off More than 1K Part-Time School Employees
Layoff notices have been sent to 1,100 part-time public school employees in Connecticut only a few months before the fall semester begins.
State Revokes Fare Increases Following Budget Adjustment
Following the signing of the state budget adjustment bill earlier this week, bus and train fare increases and service reductions that had previously been scheduled to take effect on July 1 have been canceled.
Municipalities Seek Legislation to Protect Budget Reserves
Connecticut’s largest association of cities and towns has launched an online advertising campaign, urging state lawmakers to pass legislation the group says will protect municipalities from expensive bond rating downgrades.
New Budget Holds Hidden Tax Benefits
Call it buried tax treasure for homeowners: Deep inside the behemoth 654-page bipartisan budget bill recently signed into law by President Donald Trump are little-noticed extensions of key tax-code benefits that expired in 2016, but now can be used for upcoming 2017 tax filings.
Connecticut Senators Oppose Budget Continuation Agreement
Connecticut’s two Democratic U.S. senators say they’re not supporting an agreement to reopen the federal government because it “shortchanges” the state’s needs and priorities.
Commission Formed To Monitor State Budget Will Hold Its First Meeting
The newly formed Commission on Fiscal Stability and Economic Growth will hold its first meeting later this afternoon in Hartford, according to a statement from Gov. Dannel P. Malloy.
Hartford Council Authorizes Mayor To Seek State Oversight
Hartford’s city council approved a proposal to apply for state oversight in exchange for tens of millions of dollars needed to help the city balance its budget.
Malloy’s Budget Chief Defends Hiring At Regulatory Agency
Gov. Dannel P. Malloy’s budget director is defending the Democratic administration’s decision to fill several open jobs at the Public Utilities Regulatory Authority.
Malloy Signs 1 Budget Fix And Then Asks For Another
Connecticut Gov. Dannel P. Malloy has signed a budget fix into law, but says he still has problems with the two-year bipartisan agreement reached by lawmakers without him.
Lawmakers Send Budget Fixes To Governor, But Issues Remain
Connecticut’s state budget debate is over – at least for now.
Comptroller Lembo Projects $93.9M Deficit
The state remains on track to end the current fiscal year with a $93.9-million deficit under the provisions of Gov. Dannel P. Malloy’s Executive Order Resource Allocation Plan, according to a statement from Comptroller Keven Lembo.
Lawmakers Returning To Make Final Changes To Budget Deal
Connecticut lawmakers aren’t done yet with the state budget.
Connecticut Lawmakers To Make Late Fixes To Budget Next Week
Connecticut lawmakers are returning to the Capitol to make some late fixes to the new, two-year $41.3 billion state budget.
Malloy Signs Bipartisan Budget
Gov. Dannel P. Malloy signed the bipartisan budget agreement into law yesterday, reached by members of the General Assembly, highlighting important reforms for strengthening Hartford and other cities, fully-funded state pensions and other key initiatives championed by his administration.
Malloy Wants Lawmakers To Fix Budget By Wednesday
Gov. Dannel P. Malloy is urging Connecticut lawmakers to quickly fix language in their bipartisan state budget concerning a hospital tax, warning that the hundreds of thousands in federal revenue generated by the tax could be at risk.
Senate Passes Bipartisan ‘Historic’ Budget Deal
A long-awaited, bipartisan compromise state budget agreement – repeatedly dubbed “historic” – cleared the Senate early Thursday morning with strong support, moving closer toward possibly ending a months-long budget impasse.
Connecticut Budget Impasse Partly Blamed For Job Losses
There’s growing concern that Connecticut’s economy already has taken a hit from the protracted state budget impasse, which legislators hope they’re close to finally ending in the coming days.
Malloy Releases 4th Budget Plan In Hopes Of Sparking Deal
A frustrated Gov. Dannel P. Malloy on Monday released a fourth version of his state budget proposal, hoping it will motivate the General Assembly to finally come up with a tax-and-spending plan he can sign into law after a months-long impasse.
Legislative Leaders Hope To Give Draft Budget Soon To Malloy
Democratic and Republican legislative leaders say they could soon have a draft state budget plan for Gov. Dannel P. Malloy to review.
US Budget Deficit Could Obstruct Trump’s Tax Cut Plan
The budget deficit is proving to be a major obstacle to the tax reform plan being offered by President Donald Trump and top congressional Republicans, with one leading Senate hawk saying a week after the plan was introduced that any enlarging of the fiscal gap could kill his support.
