If you live in Connecticut but work in New York, you end up paying income taxes in New York and receiving a credit from the state of Connecticut, known as the convenience rule. But what…
As Connecticut’s legislature is sworn in, lawmakers and the governor will enter into the 2021 legislative session with a hefty Rainy Day fund but, because of the pandemic, also face lower revenue, budget deficits and…
The new year will bring another round of wage increases for state employees and a new payroll deduction for everyone else, and House Republicans are calling of Gov. Ned Lamont to suspend both in light…
Connecticut’s fixed costs like Medicaid, debt service and retiree benefits continue to grow faster than state revenue and make up 52 percent of the state’s budget, according to the Office of Fiscal Analysis. In fiscal…
Gov. Ned Lamont submitted a budget proposal on October 1 that draws down Connecticut’s Rainy Day Fund by $1.8 billion, maintains the corporate surcharge tax and implements a hiring freeze to bridge a projected $2…
An updated study published by the Yankee Institute on Wednesday found that Connecticut government employees earn 28 percent more than comparable private sector employees, largely due to public employees’ generous retirement benefits. That difference adds…
UConn Health Center is facing $114 million loss in revenue after the coronavirus pandemic emptied beds and ended a large number of medical procedures, according to the budget presentation given to the UConn Board of…
**Meghan Portfolio contributed to this article** States and state universities from Hawaii and California to Maine are proposing employee pay cuts, pay freezes and furloughs in response to the COVID-19 pandemic, which has wrecked havoc…
In an email to his constituents on Wednesday, Rep. Josh Elliott, D-Hamden, wrote “there will necessarily be a combination of property tax increases or loss of services,” in Hamden, which has been struggling under crushing…
Connecticut spent more money per public-school student in 2018 than nearly every other state in the country, according to newly-released data from the U.S. Census Bureau. Connecticut spent $20,635 per student, with only New York…
