New Opportunities Inc. will remain a provider of crucial public services in dozens of communities despite a scathing forensic audit.
Money
Stories about Connecticut’s budget, the federal budget, jobs and employment, state investments and casinos.
Posted inMoney
On taxes, is CT keeping up with its neighbors?
CT officials say the state is unaffordable. Some say it’s time to learn from our neighbors and raise taxes on the wealthy.
Posted inMoney, Politics
SEEC delays approval of Josh Elliott’s public financing grant
CT’s State Elections Enforcement Commission found Rep. Elliott slightly shy of the $335,500 needed to qualify for a $3.75 million grant.
Posted inMoney
CT poised to invest again in childcare, pay down pension debt
The state budget is on pace for $412M surplus, all earmarked for childcare. Separately, $1B in off-budget savings will shrink pension debt.
Posted inMoney, Politics
Fazio offers plan to ease CT’s property tax burdens
Republican gubernatorial candidate Ryan Fazio offered a blueprint Wednesday to reduce CT’s over-reliance on the municipal property tax.
Posted inHealth
About 110,000 poor CT adults could lose Medicaid coverage
CT officials are scrambling to avert a swell in uninsured patients forced to seek care through hospital emergency departments.
Posted inMoney
CT says its tax system is unfair, but changes would mean tradeoffs
While the call for tax reform gains momentum, major proposals cannot get past a governor who is focused paying down CT’s huge pension debt.
Posted inMoney
Can CT make big debt payments while boosting towns, services?
If CT can’t find the right balance between paying down debt and supporting towns and public services, deficits are coming, analysts say.
Posted inMoney
Lamont orders $300 grocery gift cards for residents losing SNAP
CT will provide the benefit to an estimated 25,000 residents who’ve lost federal nutrition assistance. Cards will be distributed by August.
Posted inHuman Services
All eyes on Lamont as CT’s hunger crisis worsens
Advocates are increasingly impatient with Gov. Ned Lamont’s response to a worsening hunger crisis in the wake of cuts to SNAP.
Posted inMoney
Higher gas prices could strain CT’s transportation rebuild plans
Certain gasoline and sales tax receipts could “soften” this summer if prices remain elevated or turn worse in the coming months.
Posted inMoney
Surging gas prices shine spotlight on CT’s fuel taxes
A tax cap has been mitigating pain at the pumps since March, but recent price hikes have some ready to revisit Connecticut’s fuel tax system.
Posted inEducation
Lamont noncommittal on federal scholarship tax credit after NY moves to join
Under the program, donors to scholarship granting organizations receive the full donation amount back—up to $1700—as a federal tax credit.
Posted inMoney
New CT budget sets Lamont’s legacy as he seeks 3rd term
As he runs for a third term, a piece of Gov. Ned Lamont’s legacy already is established: He’s reduced CT’s debt at unmatched speed and scale.
Posted inMoney
Lawmakers solve town aid riddle on third try
The General Assembly OK’d a bill clarifying that towns could reopen their budgets to use increased state aid to reduce local property taxes.
