There won’t be a Republican primary for the nomination for state treasurer. Ridgefield investment executive Bob Eick had decided not to force a primary, leaving the GOP nomination to Trumbull First Selectman Tim Herbst.
Keith M. Phaneuf
Keith has spent most of his 31 years as a reporter specializing in state government finances, analyzing such topics as income tax equity, waste in government and the complex funding systems behind Connecticut’s transportation and social services networks. He has been the state finances reporter at CT Mirror since it launched in 2010. Prior to joining CT Mirror Keith was State Capitol bureau chief for The Journal Inquirer of Manchester, a reporter for the Day of New London, and a former contributing writer to The New York Times. Keith is a graduate of and a former journalism instructor at the University of Connecticut.
Posted inMoney, Politics
Malloy signs new CT budget into law
Gov. Dannel P. Malloy signed a controversial $19 billion budget Friday for the fiscal year that begins July 1.
Posted inMoney, Politics
Malloy, Cafero displeased with pension gaffe explanation
Gov. Dannel P. Malloy said Friday he’s not satisfied with one agency’s explanation about how it failed for five years to deliver – or even attempt to contact – a teacher’s pension beneficiary owed almost $200,000. And the top Republican in the House of Representatives said it might be time for an independent review of the state Teachers’ Retirement Board.
Posted inEducation, Money
CT never looked for teacher’s pension beneficiary owed $192K
The state hasn’t looked for five years for a teacher’s pension beneficiary owed $192,000, the state auditors reported Thursday. In a letter to Gov. Dannel P. Malloy, Auditors Robert M. Ward and John C. Geragosian also wrote they fear other beneficiaries have not received funds because of one agency’s longstanding failure to collect sufficient contact information.
Posted inMoney, Politics
Malloy delivers his campaign jobs pitch to businesses
Gov. Dannel P. Malloy’s campaign platform on jobs and economic development was on full display Thursday during Hartford business forum.
Posted inMoney, Politics
CT truckers, other motorists could find relief at the pumps this summer
Connecticut’s trucking industry will get its first break – albeit a small one — at the fuel pumps in four years this summer, according to a new rate released by the state’s tax department.
Posted inPolitics
Malloy re-nominated, won’t let GOP ‘short-change Connecticut’
Connecticut Democrats poured into their state convention Friday, pledging that whatever it lacked in drama it would make up for in passion. The more than 1,800 delegates at the Connecticut Convention Center in Hartford re-nominated Gov. Dannel P. Malloy, who vowed to battle energetically for a second term.
Posted inMoney
CT’s jobless rate under 7 percent for first time in five years
Connecticut’s unemployment rate cracked the 7 percent floor for the first time in five years in April thanks to 2,200 new jobs created, the state Labor Department reported Thursday.
Posted inMoney
New site allows viewers to track CT finances day-by-day
State Comptroller Kevin P. Lembo announced the re-launch Tuesday of a site that will provide updated details daily on the money coming into – and going out of – the state’s coffers.
Posted inMoney, Politics
State to design retirement plan for private-sector workers
Connecticut took a major step forward toward offering a state-administered retirement plan for private-sector workers, similar to the 401(k) plans offered by many businesses.
Posted inMoney
Lawmakers launch two-year study of Connecticut tax system
This policy change would launch a two-year overhaul of Connecticut’s $16 billion-a-year tax system – a move some legislators have predicted could be the most dramatic overhaul of state finances since the income tax was enacted 23 years ago.
Posted inMoney, Politics
Will CT keep sharing casino revenues with towns after the election?
The bill ends a requirement that cities and towns share in the proceeds from video slots from the state’s two casinos.
Posted inPolitics
Mikutel to end 22-year career in state House of Representatives
A 22-year veteran of the state House of Representatives, Griswold Democrat Steve Mikutel announced Tuesday he would not seek re-election.
Posted inMoney, Politics
CT budget relies on $75M in newfound ‘miscellaneous’ tax revenues
The new $19 billion state budget the House of Representatives is expected to adopt late Saturday relies on nearly $200 million in fund sweeps, risky savings assumptions and other gimmicks to stay in balance – including the last-minute discovery of $75 million in “miscellaneous” tax revenue.
Posted inMoney, Politics
New CT budget missing $52M to cover union retirement benefits
If Connecticut’s chief fiscal watchdog is correct, there’s a $52 million hole in the new state budget Gov. Dannel P. Malloy and majority Democratic legislators hope to enact Saturday.