Special Transportation Fund

Recent Posts

Builders, trades launch ad to bolster CT’s transportation program

Though the text of the new ads from Move CT Forward — which are airing on television, radio and online — don’t specifically endorse establishing tolls and raising gasoline taxes — one of the key sponsors of this coalition is backing Gov. Dannel P. Malloy’s proposals to do both. Continue Reading →

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CT DOT pitches ‘astounding,’ cheaper plan to break I-95 gridlock

Connecticut could implement a “strategic and incremental” widening of Interstate 95 to relieve congestion along the state’s shoreline without having to take huge swaths of private property by eminent domain, a game-changer for breaking gridlock in Fairfield County, Gov. Dannel P. Malloy said Thursday. Continue Reading →

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Malloy tight-lipped on whether he will propose tolls

Gov. Dannel P. Malloy told a business audience Wednesday that saving the Special Transportation Fund from insolvency is an urgent issue for the General Assembly, but he was coy about whether he intends to propose tolls, a gas tax increase or any other solution in the final budget he’ll propose in February. Continue Reading →

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GOP candidates light on ideas at transportation forum

SOUTHINGTON — Republican candidates for governor drove away from a transportation forum Friday without saying how they would stabilize Connecticut’s depleted transportation fund, disappointing an audience of union members and contractors whose livelihoods rely on the state’s ability to maintain and improve its aging infrastructure. Continue Reading →

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Transportation funding debate still centered on ‘lockbox’

While Gov. Dannel P. Malloy has released no transportation-related details from his next two-year budget plan, he also hasn’t backed away from his demand that legislators first back a constitutional ‘lockbox’ amendment to safeguard transportation revenues. Continue Reading →

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CT deficit plan taps many special funds and one-time sources

While the General Assembly is expected to adopt a plan in special session Tuesday to close most or all of this fiscal year’s budget deficit, restore some funds for hospitals and finance modest business tax breaks, almost 40 percent of the plan diverts resources from specialized funds and various one-time sources. Continue Reading →

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Transportation financing precarious despite new revenue

Despite the recent infusion of sales tax receipts, Connecticut’s transportation program could be in deficit by mid-2018, according to nonpartisan analysts. And while Gov. Dannel P. Malloy’s administration believes the Special Transportation Fund will remain in the black through 2020 — albeit by a razor-thin margin — nonpartisan analysts cite several problems, including surging debt and pension costs and downgraded expectations for fuel tax revenues. Continue Reading →

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