Posted inMoney, Politics

CT municipalities fear they may finally take a budget hit

After being spared the state budget axe again and again since the Great Recession, leaders of Connecticut’s cities and towns are fearful their perfect track record may be at risk. Though they suffer no major cuts in Gov. Dannel P. Malloy’s proposed new budget, municipal leaders see legislators – who are scrambling to plug other holes in the governor’s plan – eyeing the $3.2 billion municipal aid package hungrily.

Posted inMoney, Politics

Municipal leaders upset with Malloy’s distribution of state aid

Municipal leaders say Gov. Dannel P. Malloy’s proposed budget will reduce non-education state grants for about a third of Connecticut’s cities and towns in the next fiscal year, and the Connecticut Conference of Municipalities is calling on the administration to make sure all municipalities are “held harmless” in the budget.

Posted inEducation, Money, Politics

Malloy may run afoul of his pledges whether taxing or cutting

Governor Dannel P. Malloy faces plenty of critics who argue he can’t balance the next state budget without breaking his campaign pledge not to raise taxes. But Malloy will be equally hard pressed to close next year’s $1.3 billion-to-$1.4 billion deficit with spending cuts, given the many pledges and fiscal principles he has espoused since taking office four years ago.

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Are CT cities and towns no longer immune from state budget axe?

Gov. Dannel P. Malloy spared cities and towns from the state budget axe as he grappled with deficits for much of the past four years. But with sales tax receipts promised long ago to municipalities still lying in the state’s coffers, GOP legislative leaders are worried the Democratic governor’s days of sparing local taxpayers are over.

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