This marks the latest increase for the pier development — which originally was priced at $93 million in 2019.
Lawmakers raised bills to cap property tax hikes, and potentially battle Gov. Ned Lamont for control of Connecticut’s borrowing.
Gov. Ned Lamont wants to spend $550 million on capital projects, a move one called “irresponsible” given CT’s fiscal woes.
The unifying crisis of the coronavirus pandemic wasn’t enough Thursday to keep the tolls debate from briefly resurfacing.
“Should I be listening to the jazz music on CT-N?” asked Rep. Chris Davis, R-Ellington. The answer was no.
The State Bond Commission will consider $1 billion in financing next week, most involving transportation infrastructure and overdue town aid.
The governor released an agenda for State Bond Commission meeting that recommends about $400 million in new financing.
The governor said he’d consider shifting more borrowing capacity away from non-transportation initiatives to support Connecticut’s highways, bridges and rail lines.
A key legislative panel overwhelmingly sent a bipartisan message late Wednesday to Gov. Ned Lamont: They want greater control over the state’s credit card.
In an impromptu valedictory address on his economic and fiscal policies, Gov. Dannel P. Malloy defended his economic record and use of state borrowing Tuesday, saying public investments drove private-sector job growth to new heights, improved Connecticut’s municipal schools and public universities, and strengthened its cities.
Gov. Dannel P. Malloy, keenly aware of the unwelcome role his record is playing in the campaign to succeed him, spent one of his final State Bond Commission meetings Thursday defending state borrowing made during his tenure to promote economic development statewide and help Connecticut’s struggling capital city.
The State Bond Commission approved $10 million in financing Wednesday for an analysis of establishing electronic tolling on most Connecticut Highways.
The State Bond Commission approved financing Friday to provide $14 million to Infosys, an India-based information technology company developing a new training and innovation hub in Hartford as part of a major expansion in the U.S.
The State Bond Commission approved financing Friday for a wide array of economic development initiatives and the first wave of relief for homeowners struggling with crumbling foundations.
The battle to balance Connecticut’s budget spilled over onto its credit card Friday at the Bond Commission, where the prospect of more borrowing sparked what Gov. Dannel P. Malloy called one of his “weirder” confrontations with legislators. Malloy and two Republican legislators on the commission sparred over the necessity for hundreds of millions of dollars in approved borrowing.