by Marc E. Fitch | Sep 20, 2016 | Budget, Local/Municipal, Yankee News |
The Securities and Exchange Commission censured the town of Fairfield last month for failing to file timely financial reports and disclose that information in their bond offering documents. Fairfield agreed with the SEC to “cease and desist” from future...
by Marc E. Fitch | Sep 9, 2016 | Budget, Taxes |
The state’s constitutional spending cap should be “comprehensive” and cover all state spending except for debt service, Webster Bank CEO James C. Smith told members of the Spending Cap Commission this week. The spending cap is supposed to limit how much state...
by Zachary Janowski | Aug 19, 2016 | Budget, Taxes |
Imagine if Connecticut had 2.5 million people working here. That would mean nearly a million more people at work. What would be different? There would be more jobs to choose from and more options when it comes to shopping, eating or having fun. Some families that...
by Marc E. Fitch | Aug 9, 2016 | Budget, Pensions, Yankee News |
Figures released Tuesday by the Office of Fiscal Analysis show Connecticut made big strides in reducing overtime, despite recent state employee layoffs. In fiscal year 2016, state agencies reduced overtime payments by 14.5 percent, $37 million less than the previous...
by Marc E. Fitch | Jul 6, 2016 | Budget, Good Government, Local/Municipal, Taxes, Yankee News |
The Department of Energy and Environmental Protection is poised to take on a new role: hotel and spa owner. Governor Malloy cancelled a contract with a private investor and directed DEEP to turn the Seaside Regional Center in Waterford into a hotel, spa and public...
by Marc E. Fitch | Jun 21, 2016 | Budget, Local/Municipal, Yankee News |
Groton has been trying in vain to meet state racial balance requirements for its schools since 2000, but now city leaders have a new idea: build one giant middle school. The effort – known as the Groton 2020 plan – comes with a price-tag of $191.7...
