Connecticut is often ranked low in terms of its business environment, but according to a new study from Yankee Institute, some towns manage to stand out from the rest.
The estimated costs for renovating and expanding Holland Hill Elementary School in Fairfield have grown from $9 million to $21 million since planning began in 2015. But a town watchdog group called Fairfield Taxpayer published a lengthy critique of the project on January 8 making the case that the project needs to be curtailed in light of the increased costs and fiscal problems at the state level which have resulted in decreased education and school construction funding to towns.
General Electric announced this week it would move its headquarters from Connecticut to Boston, Mass., highlighting the need for policies focused on increasing opportunity for all Connecticut residents. While many officials tried to cast blame elsewhere, GE officials warned lawmakers the company would consider moving if they went ahead with what amounted to a 40 percent increase in corporate taxes.