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.
Special Transportation Fund
Gov. Dannel Malloy issued a warning Thursday over the future of Connecticut’s special transportation fund, which will no longer be able to fully fund a number of transportation projects due to increasing debts costs and lower-than-expected revenue.
Highway tolls may soon return to Connecticut’s borders as lawmakers search for additional money to fund transportation costs. Facing projected deficits to Connecticut’s Special Transportation Fund, the finance, revenue and bonding committee heard testimony Monday on a bill to install electronic tolls on Connecticut’s highways.
On Tuesday the Transportation Committee heard testimony on Senate Bill 76, which would prohibit Gov. Dannel Malloy from spending $300,000 to study the effects and possible implementation of a mileage tax. The mileage tax would tax residents based on the number of miles they drive. Connecticut is one of five states participating in the study but is contributing the most money.
The Department of Motor Vehicles, which recently saw its commissioner resign amid serious customer service problems, spent $1.9 million on overtime in the first six months of fiscal year 2016, already exceeding the $1.7 million spent in 2015. DMV overtime is only likely to increase with a backlog of hundreds of thousands of requests. Gov. Dannel Malloy recently appointed Dennis Murphy, former deputy commissioner of the Labor Department, to replace Andres Ayala as DMV commissioner.