Gov. Ned Lamont expects to appoint a new state comptroller soon — one that won’t run for election in 2022.
State Comptroller Kevin P. Lembo will resign Dec. 31, after 12 years in office, due to a serious heart condition.
By depositing $1.2 billion extra into its pension funds now, the state hopes to save $2.75 billion over 25 years.
The state will begin deducting the new tax to support family and medical leave benefits from non-union employees this month.
Connecticut received high marks from a nationally recognized think-tank for its huge reserves, its fiscal planning and its budget transparency.
Gov. Ned Lamont projects a $2.1 billion deficit, based partly on pessimistic stock market projections that haven’t come to pass.
Connecticut’s recent economic gains could soon slip away without more federal aid, Comptroller Kevin P. Lembo says.
Comptroller Kevin P. Lembo says the agreement preserves the tax exempt status of the state pension fund.
“The speed and scale of the pandemic’s economic disruptions are unprecedented for Connecticut,” said Comptroller Kevin P. Lembo.
Comptroller Kevin P. Lembo announced a new bidding process Thursday that he said would radically reshape Connecticut’s healthcare market.
Connecticut took a big step this week toward creating a network to steer people toward the best health care providers. An added bonus: it will also save the state millions over the next two years.
In his first budget forecast of the new fiscal year, Comptroller Kevin P. Lembo warned Tuesday that the $126 million projected budget surplus isn’t all good news.
Lawmakers expanded OpenConnecticut, designed to make financial data easily available to the public, to include quasi-public agencies.
A new report on Connecticut’s executive branch found that while women earn more than men, on average, minority employees are still being paid less than their white colleagues.
Connecticut’s chief fiscal watchdog called for the officials overseeing the investment of hundreds of millions of dollars in low-performing schools to adhere to the spirit of all disclosure and ethics laws.