The CT Mirror (https://ctmirror.org/tag/municipal-aid/)
Gov. Dannel P. Malloy asked legislators to consider nearly $320 million in revenue increases to mitigate the massive cuts he would be forced to impose if Connecticut enters the new fiscal year Saturday without a budget. Continue Reading →
A prolonged state budget fight inevitably would force cuts both to town aid and to social services for the most vulnerable, even though those programs would be prioritized, Gov. Dannel P. Malloy’s budget director said. Continue Reading →
The House of Representatives unanimously approved a bill Saturday to help cities and towns adjust their property tax bills as the state’s budget crisis plays out in the coming weeks or months. Continue Reading →
Gov. Dannel P. Malloy has recommended more than $700 million in cuts to municipal aid to help compensate for a $1.5 billion projected decline in state income tax receipts over the next two years. Continue Reading →
Municipalities and hospitals both fear the new cost burdens they would assume in Gov. Dannel P. Malloy’s budget would grow quickly as state retirement benefit costs surge in the coming years. Continue Reading →
Republicans in the state House and Senate and Gov. Dannel P. Malloy both released proposals Tuesday to restore stalled municipal aid that local officials hoped to receive this fiscal year. Continue Reading →
The shift of $400 million in teacher pension costs onto municipalities is part of a much larger plan not only to close a significant projected state deficit, but also to address long-ignored inequities in municipal funding, the governor said. More details of that plan are expected today. Continue Reading →
With Gov. Dannel P. Malloy’s proposal less than seven weeks away, his budget director warned that unless unions grant further concessions, avoiding major tax hikes likely would require significant cuts to municipal aid, social services, higher education — and more layoffs. Continue Reading →
A major Wall Street credit rating agency warned Thursday that Connecticut’s state budget woes and “dim economic growth” could make it more costly for its cities and towns to get credit. Continue Reading →
As state officials increase their warnings that municipal aid may be curtailed in the coming years, Connecticut’s cities and towns will craft their own plan to regionalize services and make local government more efficient. Continue Reading →
Gov. Dannel P. Malloy showed legislators Thursday there was a fiscal price to be paid for rejecting his anti-recidivism proposals. The governor signed the legislature’s $19.76 billion budget for 2016-17 into law, but only after using the rarely employed line-item veto to cancel more than $22 million earmarked for municipalities, health clinics and the Connecticut Humanities Council. Continue Reading →
The tentative plan to close a $1 billion hole in Connecticut’s finances starting July 1 also would wipe away more than 40 percent of the red ink threatening state government after the November elections, nonpartisan fiscal analysts reported Tuesday evening. Continue Reading →
Updated at 10:30 p.m.
Chances of a state budget deal before the legislative session ends Wednesday could hinge on whether negotiations – sparked by Gov. Dannel P. Malloy’s new budget proposal – bear fruit overnight Monday into Tuesday. Continue Reading →
A week after suspending budget talks with the administration, the Democratic leaders of the General Assembly offered an olive branch and a proposal for a new fiscal plan Thursday to Gov. Dannel P. Malloy. Continue Reading →
Leaders insist their blueprint would close massive future deficits without tax hikes. To do that, though, the GOP minorities in the House and Senate would dilute the two big initiatives Gov. Dannel P. Malloy and the Democratic majority launched last June: a 30-year investment in transportation and a plan to share sales tax receipts with cities and towns. Continue Reading →