Posts by Zachary:

Jackson Labs avoids local approvals as a ‘state project’

Construction on the Jackson Laboratory facility in Farmington is well on its way to completion thanks in part to unique treatment of the project: the lab didn’t need any local approvals. The Jackson Laboratory for Genomic Medicine will receive a $297 million subsidy from the state. Gov. Dannel Malloy has touted the project for its …

Connecticut gets top rank in ‘zombie index’

The Institute for Truth in Accounting finds Connecticut has the highest “zombie index,” meaning the state “may be more likely than others to be taking on higher risk to address their debt problems.” The index relies on a weighted average of three components – the TIA “Taxpayer Burden” measure (50%), the timeliness of the annual …

Candidate treasurer pleads guilty to stealing from state-funded campaign

The 2010 campaign manager and treasurer for Rep. Douglas McCrory, D-Hartford, pleaded guilty Wednesday to second-degree larceny for stealing $3,854.07 from the campaign. Tanzania Cooper, 43, of Bloomfield, pleaded guilty to a reduced charge under the Alford doctrine. Previously, she faced first- and sixth-degree larceny charges. Judge Jason Lobo sentenced Cooper to two years of …

UConn faces deficit and raises tuition while subsidizing sports by $18.9 million

With UConn facing a $42.6 million budget deficit and raising tuition by 6.5 percent next year, here is a look at the money behind UConn athletics. Source: ESPN and author calculations comparing 101 NCAA Division 1-A public colleges and universities with available date for 2013. View data here. UConn revenue: $63.3 million, rank 48 UConn …

Jepsen’s ebook win averages 86 cents per resident

Connecticut residents are beginning to receive settlement payments from ebook publishers thanks to the efforts of Attorney General George Jepsen and his peers across the country. Nationally the settlement amounts to $166 million, with $3 million intended for Connecticut residents, or an average of 86 cents per person. Five publishers that settled a price-fixing lawsuit will …

$2.6 million IT bonding package includes funding for ‘weapons registration system’

The State Bond Commission is scheduled to vote Friday on $2.6 million in information technology upgrades at three state agencies, including a “special licensing and weapons registration system.” The Department of Emergency Services and Public Protection, which includes the State Police and other public safety functions, will receive a share of the money to ”upgrade current information …

Company run by son of Voices for Children co-founder on track for $3 million in state aid

The State Bond Commission will consider granting $3 million in state assistance next week to a company run by Josh Geballe, son of the co-founder of Voices for Children. Geballe is CEO of Branford-based Core Informatics. His mother, Shelley Geballe, co-founded and ran Voices for Children for more than a decade. Voices for Children generally lobbies …

Accountants: “It would be misleading to exclude” UConn Foundation from state finances

This year, accountants included language emphasizing the close relationship between the University of Connecticut Foundation and state finances. The UConn Foundation is currently fighting legislation that would require it to comply with the Freedom of Information Act by eliminating its unique exemption under the law. Previously, the state’s Comprehensive Annual Financial Report included the UConn …

GOP donor switches to Dems after Malloy election, bond commission approves $6 million in state support

Abul Islam was a generous donor to the Connecticut Republican Party – until the state elected a Democratic governor. Islam, as the principal of a state contractor, can only give to the federal accounts of either party. A party’s federal account cannot benefit candidates for state office like a governor. Instead, they support candidates for …