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Connecticut officials project the state will end its fiscal year in June with a $136.3 million budget surplus, about $28 million less than projected last month, according to Comptroller Sean Scanlon.
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Connecticut’s largest utilities raised electricity rates this year, pushing costs near the top nationally. The hikes may spark debate, but may not sway the governor’s race.
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Connecticut’s Bond Commission on Thursday approved more than $1.4 billion in funding for various projects across the state.
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Connecticut Gov. Ned Lamont plans to spend about $167.9 million from the state’s recently created $500 million contingency fund to backstop federal cuts to safety net programs.
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Two people in Stamford have died from exposure, as Connecticut is held in the grip of extreme cold weather. This comes as the state is allocating funds toward emergency housing to fill the gaps left by the Trump administration.
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The U.S. Senate’s failure to extend federal Affordable Care Act subsidies will not immediately affect most Connecticut residents who receive them. That's because the state is stepping in to backstop next year’s subsidies for most of its residents, Gov. Ned Lamont announced.
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Connecticut has allocated approximately $10 billion toward paying off its pension obligations over the past five years, according to two reports released this week.
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Connecticut Gov. Ned Lamont held a signing ceremony in Norwalk on Monday for a controversial housing bill he had officially signed into law just before Thanksgiving.
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The state of Connecticut and the city of Hartford are jointly investing $4 million to convert 20 city-owned vacant lots and structures into new homes, officials announced at Hartford City Hall on Tuesday.
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Governor Ned Lamont said Connecticut is prepared to cover some of the Affordable Care Act subsidies if Congress fails to renew federal subsidies by the end of the year.