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Based on an employee survey conducted as part of the report, there are more than 8,000 state employees eligible for retirement in 2022, 72% of whom are “seriously considering” retirement.
“While these hospitals have received direct federal aid during this crisis, some of them and their affiliated practices are still experiencing financial hardship,” noted Gov. Ned Lamont.
The grants are being made through the Small Town Economic Assistance Program (STEAP); this is the first time since 2016 that the state has awarded STEAP funding.
Revenue estimates in the current fiscal year have improved by $326 million from October’s estimate, and by $875 million and $704 million in each year of the next biennium from the April forecast.
Office of Policy and Management Secretary Melissa McCaw has decreased Connecticut’s projected budget deficit by 40% – although the figure remains at $1.2 billion. Last month...
State statute requires that when the comptroller certifies a shortfall in the General Fund in excess of 1%, the governor musts present lawmakers with a deficit mitigation plan within one month "to modify such allotments to the extent necessary to prevent a deficit."
The Lamont administration is predicting a $2.1 billion deficit for FY21, which began on July 1, and a $3.5 billion deficit for fiscal 2022 and 2023.
The allocation brings the total funding for Connecticut schools to $266 million.
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.
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.
Fairfield County still has the state’s largest number of coronavirus incidents, with 4,417 confirmed cases, 665 hospitalizations and 155 deaths.
Approximately $250,000 of Stratford's $450,000 grant will cover costs associated with any environmental contamination discovered within the project boundary.
"Cutting jobs is no way to achieve shared prosperity," American Federation of Teachers Connecticut President Jan Hochadel said.
Pro-tourism legislators are seeking meetings with the governor and various state agencies, but time is running out.
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