by Marc E. Fitch | Aug 18, 2017 | Budget |
Governor Dannel Malloy released his executive order allocating state funds to towns and cities on Friday, zeroing out education funds for 85 towns across Connecticut. The order also eliminated payment-in-lieu-of-taxes for hospitals, colleges and state owned property,...
by Marc E. Fitch | Aug 4, 2017 | Budget, Yankee News |
Connecticut spent more money than it took in for 10 out of 14 years, according to a long-term state analysis by Pew Charitable Trusts. The study analyzed state data from across the country between the years of 2002 and 2015 to determine which states take in enough...
by Marc E. Fitch | Jul 18, 2017 | Budget, Pensions, Taxes, Yankee News |
On the same day that state employee unions announced the ratification of Gov. Dannel Malloy’s concessions deal by union rank and file, House Republican Leader Themis Klarides, R-Derby, held a press conference saying the concessions deal is “tying the hands of the...
by Marc E. Fitch | May 22, 2017 | Budget, Pensions, Yankee News |
Reports surfaced Monday about a tentative deal between Gov. Dannel Malloy and the state employee labor unions to achieve $1.5 billion in concessions over the next two years and extend the state employee contract to 2027. According to reports, the concession deal would...
by Marc E. Fitch | Apr 5, 2017 | Budget, Healthcare, Pensions, Yankee News |
Healthcare costs for retired state employees are projected to surpass the healthcare costs for current employees for the first time, according to the governor’s budget report. Health costs for retired state employees are expected to grow from $645 million in 2016 to...
by Marc E. Fitch | Apr 4, 2017 | Budget, Yankee News |
Gov. Dannel Malloy proposed definitions earlier this year to finally implement the 25-year-old constitutional spending cap. His budget chief admitted Monday that, unless lawmakers pass the administrations’ proposed definitions, his proposed budget will exceed...
