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State Bond Commission approves $550M to fund numerous CT projects

Meanwhile, State Comptroller Kevin Lembo is projecting the state’s General fund will close Fiscal Year 2020 – which ended on June 30 -- with an operating shortfall of $153.1 million.

General Assembly ends regular session with a whimper; Special session expected...

The chambers may have to change their voting protocols, with social distancing mandates expected to remain in place for the foreseeable future. Staggering votes on the floor by 10 members at a time, or allowing voting to be done by video feed, are among the approaches being considered.

CT forecasts $2.7 billion hit to revenues through FY2020-21; Recovery could...

Even with the gloomy forecast -- which Office of Policy and Management Secretary Melissa McCaw said were conservative -- "Connecticut is in a stronger position than most states, thanks to our fiscal prudence and the safeguarding of our budget reserve," according to Democratic state Senate leaders Martin Looney and Bob Duff.

COVID-19 LATEST: Talks of reopening economy heat up as Fairfield County...

The governor said that, according to Office of Policy and Management Secretary Melissa McCaw, the state has withstood about $450 million in coronavirus-related expenses. "Connecticut right now is doing better than a lot of other states," Lamont said, noting the strength of its rainy day fund.

COVID-19 LATEST: Deaths top 100; CT to receive about $1.45 billion...

The $2.5 billion in the state’s Budget Reserve Fund (also known as the Rainy Day Fund) puts Connecticut "in pretty good shape" through at least June 30, said Gov. Ned Lamont. “Obviously, this is the rainy day,” added Secretary of the Office of Policy and Management Melissa McCaw. “We are well-positioned to weather this storm.”

COVID-19 UPDATE: 68 cases confirmed in state; ‘payment holidays’ in the...

Gov. Ned Lamont Lamont took a swing at the federal government’s response to the crisis, saying that “significant cash payments” and two weeks’ paid sick leave for affected workers must be made available. “If the federal government doesn’t get that right, Connecticut will get that right,” he declared.

Paul Mounds replaces Ryan Drajewicz as governor’s chief of staff

Mounds, the first African-American to hold the chief of staff post in state history, has previously worked with Gov. Dannel Malloy, U.S. Sen. Richard Blumenthal, and U.S. Rep. John Larson.

Lamont moves municipal aid package forward

“We are now eight months into the fiscal year without solutions to our transportation needs and a bond package," the governor wrote to Office of Policy and Management Secretary Melissa McCaw. "No longer can our cities and towns wait.”

CT will end year $22.9 million in the red, OPM Secretary...

"Agencies are making efforts to curtail hiring and discretionary expenditures, and the governor is prepared to exercise recission authority if necessary to mitigate against ending the year with an operating deficit," according to McCaw.

Lamont: Not so fast on added surcharge for prepared foods

Gov. Ned Lamont said his administration is working with Revenue Services to eliminate some of the items included in the tax.

Lamont: SEBAC pact will provide ‘hundreds of millions of dollars’...

According to the governor, the pact will result in a budgetary savings in the General Fund for each fiscal year through 2032 of between $115 and $121 million.

Lamont offers nursing home workers raises in face of looming strike

Nursing homes that serve Medicaid patients would receive a 2% rate increase in July 2019, a 1% bump in October 2020 and a 1% raise in January 2021.

Lamont names Bridgewater executive as chief of staff

Prior to joining Bridgewater in 2010, Drajewicz was deputy chief of staff for former U.S. Sen. Chris Dodd.