Despite the suspension of 400 infrastructure projects around the state, Gov. Dannel Malloy’s $100 billion Let’s Go CT initiative is still moving forward, albeit at a slower pace, with $3.7 billion in bonding over the next five years.
Marc E. Fitch
Connecticut has spent $13.9 million more in overtime for state employees during the first half of this new fiscal year than it did in 2017, according to a report by the Office of Fiscal Analysis. Connecticut had been making headway in reducing overtime spending since a high of $256.1 million in 2015. In 2017, Connecticut spent a total of $204.4 million.
The cost of fringe benefits, including pensions, for Connecticut community colleges are growing faster than revenue, prompting tuition increases for more than 47,000 college students, according to an audit of the Connecticut Community College System.
Connecticut pays $14,374 per teacher per year toward the teacher pension debt, money that could be used to increase teacher salaries or improve children’s education.
The Parent Express - a party bus loaded with education materials, books, and volunteers - took to the road on Wednesday to visit school children and parents in 10 different cities and promote the joys of learning for both children and their parents.
Connecticut has the most underfunded pension system in the nation, amassing more than $127.7 billion in liabilities, according to an annual study by the American Legislative Exchange Council.