The 6,500 layoffs proposed by Gov. Dannel Malloy to balance the state budget – in addition to their impact on state government – will also cut into the budgets of the unions that represent state employees. The State Employee Bargaining Agent Coalition and its member unions recently failed to pass a tentative agreement with Malloy, [...]
As part of his backup plan to balance the budget after state employee unions rejected a savings agreement, Gov. Dannel Malloy is cutting state aid to towns and cities by 2.4 percent or $54.4 million. According to a memo from the Connecticut Conference of Municipalities to legislators, CCM can only quantify $24.6 million of the [...]
With state employees rejecting a $1.6 billion concession agreement, Gov. Dannel Malloy has just days to implement his backup plan before the new fiscal year begins July 1. Malloy intends to do the cutting in a decentralized manner, with each agency head responsible for generating savings equal to the administration’s target. The administration estimates it [...]
State employee unions will finish voting this week on a concession package that, if approved, could reduce the long-term cost of pensions by $7.8 billion, in addition to the more immediate savings used by Gov. Dannel Malloy to balance the state budget. The Malloy administration estimates the state will save $485.2 million over the next [...]
The leaders of one state employee union subgroup have written a letter asking their union not to proceed with a vote on the proposed concession package. Seven elected leaders of the Engineering, Scientific & Technical Council – also known as P-4 – wrote a June 13 letter to Connecticut State Employees Association President Patrice Peterson [...]
Actuarial estimates and other documents obtained in a Freedom of Information Act request show how the state will save $1 billion by implementing a union concession agreement negotiated by Gov. Dannel Malloy’s administration. However, the documents do not include support for the $1.6 billion total claimed by the administration. The Office of Policy and Management [...]
Former Connecticut Gov. John G. Rowland addressed a Yankee Institute luncheon May 25, sharing his thoughts on the state’s budget and economic future. Rowland’s political career ended when he resigned the Governorship, pleaded guilty to one corruption charge and served 10 months in federal prison. Now he co-hosts the “Church and State” radio broadcast with [...]
The State of Connecticut is budgeted to run a surplus next year, but that result only occurs under the state’s unique system of accounting. Under Generally Accepted Accounting Principles the state would have a larger surplus during the current year and a deficit next year. Gov. Dannel Malloy and Lt. Gov. Nancy Wyman have been [...]
The Department of Public Utility Control will shrink from five commissioners to three when it merges with the Department of Environmental Protection later this year, according to several sources familiar with legislative negotiations. Former Republican state Representative Kevin DelGobbo is the current DPUC chairman. His term is set to end June 30 unless he is [...]
Gov. Dannel Malloy signed a new budget into law last week, putting in place a framework for solving Connecticut’s projected $3.5 billion deficit, but the state still has long-term financial challenges it needs to face. Malloy’s budget hinges on the ability of his administration to get $1 billion in concessions from state workers in each [...]
