Gov. Ned Lamont loosened the tight grip he’s kept on borrowing as the state Bond Commission met Wednesday for only the fourth time in 2019.
Bond Commission
Posted inPolitics
Fonfara rebels at Lamont’s ‘debt diet’
With a proposal for lawmakers to seize control of the state’s credit card, a state senator is calling the governor’s “debt diet” unpalatable.
Posted inMoney
GOP leader worried Lamont’s ‘debt diet’ could stifle grants for small towns
A Republican leader on the State Bond Commission expressed concerns Tuesday that Gov. Ned Lamont’s “debt diet” could stifle an important economic development grant for small Connecticut towns.
Posted inPolitics
Lamont favors paid leave that is privately managed
Republican lawmakers say this still might not be enough to win their support for the bill, however.
Posted inMoney, Politics
Battle over CT’s credit card heats up as Malloy raises limit again
The partisan debate over Connecticut’s credit card intensified Thursday as Gov. Dannel P. Malloy boosted state government’s self-imposed borrowing limit by $200 million.
Posted inEnergy & Environment
With cash for bike trails, new era begins at ConnDOT
The Connecticut Department of Transportation marked a milestone Tuesday as the state Bond Commission authorized $8.3 million in bicycle and pedestrian projects, including $5.1 million to construct a missing piece of the New Haven-to-Northampton, Mass., bicycle trail in Farmington. For the first time, the state is paying to construct a bike trail, the beginning of an annual commitment of $11.2 million.
Posted inEnergy & Environment, Money
State approves finances for new rail stations, forest preserve
The State Bond Commission approved $7.8 million in borrowing Monday to design six new rail stations on the Hartford and New Haven lines, and to acquire a major forest preserve in south-central Connecticut.