The House approved a new budget early Wednesday that avoids tax hikes and invests in municipalities and social services.
PILOT grant
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 inEconomic Development
Senate sends data center incentives and town aid pledge bills to Lamont’s desk
Senate endorsed an omnibus fiscal bill that lays the groundwork for a major boost in PILOT aid to many municipalities.
Posted inMoney
House approves big municipal aid pledge, tax incentive bills
The House approved bills Wednesday pledging $100 million-plus in new municipal aid and offering tax incentives to attract data centers.
Posted inMoney
CT legislature poised to make early budget pledge to help cities and towns
The state House is expected to approve more than $100 million in new, annual PILOT grants to municipalities.
Posted inCities & Towns, News
Solution: Fully fund the state’s PILOT program
Local officials have learned that the state’s PILOT program is also voluntary, in a sense, with lawmakers able to override it when finances are tight.
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.