Poor communities would gain the most through a redistribution of the Education Cost Sharing ESC) grant, while wealthy towns would lose the most.
2020 State Budget
Posted inMoney
Lamont budget takes the first step toward tolls
Gov. Ned Lamont used his first budget Wednesday to lay the groundwork for the restoration of tolls to Connecticut highways.
Posted inMoney
Lamont presents $43 billion, two-year plan to legislators
The two-year state budget lays the groundwork for tolls, shifts more pension debt onto future taxpayers, deals another blow to hospitals, but closes a multi-billion dollar shortfall without raising the income tax.
Posted inMoney
Will Lamont keep transportation system afloat until toll receipts arrive?
Timing is everything. The governor wants to use tolls to raise hundreds of millions of dollars to rebuild Connecticut’s transportation infrastructure in a few years at the same time he plans to cut borrowing now.
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A spoonful of sugar helps the medicine go down
At least that’s what Gov. Lamont hopes as he prepares to offset tolls and sin taxes with lower property taxes on cars and other budget sweeteners.
