Legislative Democrats recommend that the state spend $180 million or 7.4% more more in municipal aid next fiscal year.
budget
Posted inMoney
Legislature presents its own budget plan, and the stage is set for debate
Democrats on the Appropriations Committee and Gov. Ned Lamont are headed for a showdown over the next two-year state budget.
Posted inMoney
CT Democrats to propose beefed-up spending plan
The Appropriations Committee will propose a two-year state spending plan Wednesday that bolsters municipal aid, higher education and social services.
Posted inMoney
CT revenues shoot upward once again
As tax revenues continue to grow, Connecticut is on pace to close the fiscal year with $800 million to spare.
Posted inMoney
Lamont’s budget would borrow nearly $220 million — to pay off borrowing
The House Republican leader said “it encourages that bad behavior that we’ve seen out of legislators.”
Posted inPolitics
With billions in federal relief on the way to CT, legislators assert their role in deciding how to spend it
With an unusual bill, state legislators are reminding Gov. Ned Lamont they have significant role in disbursing federal coronavirus relief.
Posted inEducation, Health, Money
CT budget debate heats up quickly over equity
Urban lawmakers on the Appropriations Committee charged Gov. Ned Lamont’s budget largely ignores inequities in education and health care.
Posted inMoney
Municipalities win in short term, lose over long haul with Lamont’s new budget
Most of the new money Lamont would distribute to cities and towns wouldn’t come out of the state’s coffers.
Posted inEducation
Lamont keeps school funding on auto-pilot, despite calls to end ‘funding discrimination’
The move is sure to displease groups that have been calling for a major increase in state education spending.
Posted inPolitics
In budget speech, a governor caught between a desire for social justice and fiscal restraint
A tension between fiscal restraint and social justice was evident throughout the governor’s budget address.
Posted inMoney
Lamont uses federal dollars and reserves to boost local aid, avert tax hikes in his new budget
While Lamont’s plan provides short-term stability, it also could leave Connecticut with challenges after the 2022 elections.
Posted inMoney
Big variables cloud upcoming CT budget debate
Another potential wave of federal stimulus, a complex spending cap and other variables cloud the next Connecticut budget debate.
Posted inMoney
Lawmakers expect lean budget from Lamont. But how lean will it be?
Is Lamont dressing Connecticut in a budget that is adequate during a pandemic but fits like a strait-jacket afterward?
Posted inMoney
CT budget leaders want to use massive savings to expand COVID-19 relief
Gov. Ned Lamont’s administration expects to spend about $630 million less than legislators authorized.
Posted inMoney
Lawmakers considering boosting CT’s credit card limit to assist those hurt by the pandemic
The pandemic-induced recession has left Connecticut lawmakers with one of their tightest credit card limits in recent history.