The CT Mirror (https://ctmirror.org/tag/denise-l-nappier/)
State Treasurer Denise L. Nappier announced Tuesday she will not support Gov. Dannel P. Malloy’s proposal to borrow $10 million to finance a new analysis of electronic tolling. Continue Reading →
Denise Nappier’s decision not to seek re-election as state treasurer is bound to reopen a debate over how to preserve one of the most enduring traditions in Connecticut politics: Nominating a string of racially diverse statewide Democratic tickets, beginning in 1962 with the choice of Gerald A. Lamb as the first black state treasurer in the U.S. Continue Reading →
As she begins her final year as state treasurer, Denise L. Nappier fears Connecticut may be retreating from the gains it’s made over the last decade in responsibly tackling its huge retirement benefit liabilities. Continue Reading →
Hartford Democrat Denise L. Nappier, one of Connecticut’s longest-serving state treasurers and the first African-American woman in the nation to hold that post, announced Wednesday she will not seek a sixth term. Continue Reading →
The transfer of tens of millions in required annual contributions to the teachers’ pension fund from the state and onto educators will increase the state’s long-term pension debt by more than $20 million, according to state Treasurer Denise L. Nappier. Continue Reading →
Connecticut’s long-running battle to adopt a new state budget has left the capital program used to build schools, roads and bridges low on cash. Continue Reading →
Connecticut’s cash-starved pension funds for state employees and municipal teachers got a big boost last fiscal year, state Treasurer Denise L. Nappier reported Monday. Continue Reading →
After watching its standing fall on Wall Street in recent years, Connecticut may have to pledge a portion of its income tax receipts when borrowing for future capital projects. State Treasurer Denise L. Nappier unveiled a program Monday she says will help control borrowing costs and enable the state to rebuild its depleted reserves. Continue Reading →
While state government continues to explore spreading its pension debt among future generations, Connecticut apparently won’t have that option when it comes to benefits owed its public school teachers. Continue Reading →
The new state budget’s ability to mitigate longstanding fiscal problems got poor marks Thursday on Wall Street as two of the four major rating agencies downgraded Connecticut’s credit ranking — probably boosting borrowing costs in the future. Continue Reading →
Three of Wall Street’s four major credit rating agencies have assigned a “negative outlook” to Connecticut’s bond rating — a warning that the state could face a downgrade, and higher borrowing costs in the next year or two. Continue Reading →
Gov. Dannel P. Malloy’s new budget proposal could be $50 million to $74 million out of balance if state Treasurer Denise L. Nappier and the legislature’s nonpartisan analysts are correct about what Connecticut owes on its credit card. Continue Reading →
The state’s controversial practice of borrowing to pay off debt now threatens to poke new holes in the budget — a small one this fiscal year and a larger one after June — just a few weeks after lawmakers and Gov. Dannel P. Malloy wrapped a special session to balance the books. Continue Reading →
Connecticut faces sharply rising pension costs over the next two decades — but nearly $2 billion less at its worst point than the nightmare scenario Gov. Dannel P. Malloy outlined two months ago, according to a new analysis Wednesday from state Treasurer Denise L. Nappier. Continue Reading →
While Gov. Dannel P. Malloy intensified his pitch Tuesday to restructure Connecticut’s troubled pension funds, state Treasurer Denise L. Nappier repeated earlier fiscal concerns — and raised new legal questions. The treasurer also said she would offer a “less radical” alternative next month to the governor’s plans for pensions involving state employees and public school teachers. Continue Reading →