When state Auditor Robert M. Ward wrapped up work Friday, he ended a 31-year career in public service. And to those who know Ward well — on both sides of the political aisle — the betting was that Saturday was the first time Ward wasn’t focused instinctively on the job at hand.
Robert M. Ward
Posted inMoney, Politics
Malloy administration approved costly financing for UConn outpatient facility
Gov. Dannel P. Malloy’s administration approved the controversial financing method for a University of Connecticut Health Center project that auditors say cost the state $77 million in “unnecessary” interest.
Posted inEducation, Money
Auditors: UConn ‘burdened’ CT with $77M in ‘unnecessary interest costs’
The University of Connecticut burdened the state with an estimated $77 million in “unnecessary interest costs” when it secured financing 19 months ago for a new ambulatory services center in at the UConn Health Center in Farmington, the state auditors of public accounts reported Wednesday.