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Auditors Find That Economic Development Agency Doesn’t Have Good Data
The Auditors of Public Accounts released an interim report Tuesday that found the Department of Economic and Community Development, which is in charge of giving out loans and grants to businesses, is not collecting accurate data about its economic assistance programs or the number of jobs created. Tax credits, economic assistance programs like the Small Business Express program, and the Manufacturing Assistance Act have been underestimated or overestimated by tens of...
Union president: Workers have postponed strike — for now
David Pickus, president of SEIU 1199 New England, appreciates the value of the care provided to the disabled by thousands of Connecticut workers. But he says they are woefully underpaid and he wants legislators to fix that.
Hospital tax could complicate CT deficit, but income tax receipts keep rising
Some days bring good news and bad news. … While Connecticut learned Friday that surging state income tax receipts now are running $1.03 billion more than anticipated — $116 million better than Thursday’s forecast — Gov. Dannel P. Malloy disclosed the state has a pretty hefty accounting problem equal to about $150 million.
Competing CT budget plans rely on April tax bonanza
Democratic and Republican legislators offered competing visions for the next state budget Friday, but both effectively dipped into this spring’s unexpectedly high income-tax revenues to salvage key programs for towns and social services, drawing a sharp rebuke from Gov. Dannel P. Malloy.
Speaker: CT may need to tap surging April income tax receipts
With revenues from a key portion of the income tax now running $915 million ahead of projections this spring, House Speaker Joe Aresimowicz said Thursday he would support using some of this potential bonanza to preserve “crucial programs” in the next state budget. Aresimowicz, D-Berlin said this revenue surge is not an excuse for a “spending spree.”
Bronin sends level Hartford budget proposal to CT oversight panel
Hartford Mayor Luke Bronin proposed the city’s first budget Monday since the state committed to retire more than $540 million of Hartford’s debt to help it avert bankruptcy. The new $567.3 million budget technically increases spending by 1.4 percent, or $8.1 million, beyond projected city expenditures for the current fiscal year.
Legislature moves minimum wage hike bill forward
A major legislative committee on Tuesday narrowly passed legislation that would raise Connecticut's minimum wage to $15 an hour by 2021. House Bill 5388 would increase the minimum wage from $10.10 to $15 over the next three years, and continue increasing with the rate to match the rate of inflation. The Appropriations Committee approved the legislation voting 27-24.
Aresimowicz asks GOP to drop partisan budget plans
The top Democrat in the House of Representatives asked his Republican counterparts Tuesday to abandon their longstanding practice of issuing a GOP budget this spring. With just under one month left before lawmakers leave the Capitol — most to run for re-election — Speaker Joe Aresimowicz, D-Berlin, said both parties should focus only on a bipartisan plan to rebalance finances this fiscal year and next.
Legislators exempt 2 towns from school-spending requirements
The legislature voted overwhelmingly Wednesday to take a year off from penalizing municipalities that reduce school spending in reaction to cuts in state aid, a change the governor says would affect only two communities. “I don’t get it, to tell you the truth,” Gov. Dannel P. Malloy said.
DCP sees surge in online credentialing
The vast range of businesses and professionals whose licenses and other credentials are regulated by the state's Department of Consumer Protection are increasingly turning to the internet for their required renewals. DCP said recently that 141,311 such credentials were renewed through its website, rather than mailed-in forms, in 2017, up from 107,133 in 2016, 68,660 in 2012 and 46,475 in 2009, when it first introduced online renewals.

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