Analysts estimate that surging income tax receipts and other revenue would add about $580 million to CT’s coffers this fiscal year and next.
Keith M. Phaneuf
Keith has spent most of his four decades 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.
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Can CT be more affordable without major tax cuts?
Democratic leaders say town aid and child care investments will pay big dividends, even without tax rebates or a child tax credit.
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CT legislature OKs raises for unionized state employees
The legislature approved contracts Wednesday that would grant 2.5% annual cost-of-living raises for most CT state employees through 2028.
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Lamont moves quickly to tout new CT budget deal
Lamont said $270 million in municipal aid included in the deal would be available to towns even if they’ve already adopted a local budget.
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Legislators, Lamont on cusp of tentative CT budget deal
The compromise plan to aid schools and hospitals in the next CT budget was to be shared with rank-and-file lawmakers Monday night.
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With Lamont, Democrats at odds, GOP can shape next CT budget
With Democrats at odds over how to balance CT’s budget, the door is open for minority Republicans to shape the state’s fiscal future.
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How do CT municipalities adopt, pay for their budgets?
While CT funds its budget off a mix of taxes, including income, sales, business and more – towns get most of their money from property taxes.
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CT officials struggle to pay for school aid even without tax rebate
CT leaders are focused on investments in schools, child care and hospitals, even if it means scrapping a proposed $200-per-person tax rebate.
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Senate GOP won’t show how it would balance next CT budget
Senate Republicans, the caucus that has proposed far more tax relief than any other, has decided to play their cards close to the vest.
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Report: Most states ignore ‘tax gap’ that CT is trying to close
Officials weren’t thrilled last year to learn CT has a nearly $3 billion difference between taxes owed to the state and actual collections.
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Officials plan to tap savings to make next CT budget work
The move would ensure Connecticut’s next budget provides major boosts to municipal aid, affordable child care and tax relief.
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Pressed for immediate aid, Lamont launches study on education
The order invites attention to CT’s success in providing public education and its failure to equalize opportunities in a state of extremes.
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House GOP budget offers big relief but works around spending cap
The CT GOP plan relies on shifting millions in hospital payments outside the spending cap and on CT winning a legal battle against New York.
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Lamont delivers pledged raises to CT state employees
Gov. Ned Lamont has now reached tentative deals with unions and can ask lawmakers to approve raises for the bulk of CT’s unionized workforce.
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Lamont, CT lawmakers could use more good luck this tax season
As final negotiations on the next CT budget get underway, Gov. Ned Lamont and his fellow Democrats in the legislature have a big problem.
