Rainy Day Fund

Mayor Justin Elicker wants the city’s Board of Alders to spend $3 million of the $16.4 million rainy day fund on the school district. He also called on Gov. Ned Lamont to loosen the fiscal guardrails and direct more funding to education.

Governor Ned Lamont and the legislature spared Connecticut businesses from unemployment tax hikes for now, but big challenges loom if debts aren't paid.

The strong U.S. job numbers released for June have eased concerns about an imminent economic downturn. But if one were to happen, Connecticut is in good shape, said Governor Ned Lamont.

On Wednesday, Republican lawmakers in the Connecticut General Assembly released their plan for adjustments to the State’s two-year budget they passed last…

Connecticut Comptroller Kevin Lembo wants the state to change the way it puts away money for a rainy day.Much of Connecticut’s rainy day fund depends of a…