Connecticut’s Fixed Costs Drive Budget Deficit in 2020 and Beyond
What are the major cost driver's of Connecticut's deficit in 2020?
Budget
Connecticut has Second-Highest Bonded Debt per Capita in the Country
Connecticut owes more on the state credit card per resident than nearly every other state in the country, according to a new study.
Connecticut Public Sector Compensation Outpaces the Private Sector
In the old days, becoming a public servant meant receiving less take-home pay but getting good benefits. It was a trade-off some were willing to make, but that trade-off has eroded in Connecticut.
July brings lump sum payments for state employees
July 1st will mark the beginning of fiscal year 2019 and the day when most state employees will receive a $2,000 lump sum payment as part of the concessions agreement negotiated between Gov. Dannel Malloy and the state employee bargaining agent coalition.
Fringe benefits for Superior Court judicial nominees would add $4.3 million in costs
Governor Dannel Malloy has announced 30 nominations for Superior Court judges to fill a purported 42 vacancies, but the state of Connecticut’s ability to pay for those judges — and even provide them offices — remains in doubt.
Malloy veto costs taxpayers $11,000 for special session
For a state facing billions in projected deficits, $11,000 may seem like a drop in the bucket, but that is what it will cost Connecticut taxpayers when lawmakers convene for a special session to override Gov. Dannel Malloy’s veto of a bill to save a popular Medicare program.