State government’s credit card still carries a large balance, but it’s no longer on pace to shatter its limit. That’s due to dozens of projects being scrapped and modest revenue growth that expanded Connecticut’s borrowing capacity. According to new estimates from state Treasurer Denise L. Nappier, the state will enter the new fiscal year on […]
June 2, 2010
Posted inNews
Public campaign funding: Malloy is in line for $2.18 million, while Fedele lags
Democrat Dan Malloy’s campaign for governor could receive as much as $2.18 million Thursday when he is expected to become the first statewide candidate approved for public financing under the Citizens’ Election Program. But the only Republican gubernatorial candidate seeking public financing for his campaign, Lt. Gov. Michael C. Fedele, is not expected to raise […]
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For state childcare providers, Christmas comes in June
Last month, childcare centers were bracing themselves for another round of major budget cuts from the state as lawmakers grappled with closing a billion dollar budget hole. But this week 5,500 childcare centers in Connecticut are opening their mail to find a check from the state for thousands of dollars — a third piece of […]
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‘Seat belt’ bill driven into law
The death of a Rocky Hill student in a school bus crash earlier this year has spurred a new law, signed today by Gov. M. Jodi Rell, that provides tax incentives to school systems that use buses with 3-point seat belts. The new law exempts school systems from paying about half of the sales tax on buses equipped with […]