Posts tagged ‘State Budget’

April 24th, 2013

Governor’s Budget Office Predicts Surplus

by Christopher O'Brien

While lawmakers and Gov. Dannel P. Malloy work on the $2.2 billion deficit over the next two years, things are beginning to look better for this year’s budget.

According to Office of Policy and Management Secretary Ben Barnes the state will end the year with $2.8 million surplus. That’s an improvement of more than $36.4 million over last month’s projections.

But that’s before April tax collection revenues have been calculated.


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February 21st, 2011

Tuesday’s Special Elections Could Impact Governor Malloy’s Tax Hike Proposal

by LonSeidman

Special Elections will be held in the shaded areas. State House races are in yellow, Senate in green

Shortly after taking office, Gov. Malloy needed additional staff to run his administration. Being the first elected Democrat to the office in 20 years, he looked to those with experience within his own party. This prompted a tidal wave of resignations of 8 of the most prominent legislators from the state house and senate. A 9th legislator – Sen. Tom Gaffey of Meriden – resigned for unrelated reasons stemming from larceny charges where he double billed the state for expenses for himself and his girlfriend.

Special elections will be held this Tuesday to ensure that the 18 towns affected have proper representation. The legislature has been in session for just over a month, although no meaningful legislation has been voted upon except in committees which are currently reviewing bill proposals. Once the new legislators are elected though, they will hit the ground running to analyze Gov. Malloy’s budget proposal. How many seats Republicans pick up could have an impact to whether Malloy gets what he wants, or an alternative plan is approved.

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