by Zachary Janowski | Jul 26, 2013 | Features, General, Politics, State Budget
Fifth Street Financial Corp. will relocate to Greenwich thanks to a $5 million enticement from Connecticut taxpayers. Fifth Street Financial is a business development company, essentially a publicly-traded private equity firm. It buys, loans money to and invests in...
by Zachary Janowski | Jul 23, 2013 | Economy, Features, General, Taxes & Spending
A Connecticut economic development official flew business class to China and stayed in three luxury hotels while on a trade mission. Ronald Angelo Jr., deputy commissioner of the Department of Economic and Community Development, spent about $7,500 of taxpayer money on...
by Zachary Janowski | Jul 15, 2013 | Education, Features, General
The Connecticut State Board of Education will decide Monday whether to apply for a waiver allowing local school districts to decide between two standardized tests to give next year, instead of forcing kids to slog through both. The testing overlap comes as Connecticut...
by Zachary Janowski | Jul 12, 2013 | Education, Features, General, State Budget
A national teacher-effectiveness organization rated all but one of Connecticut’s university-level education programs poorly in its first review of more than 1,000 programs across the country. The one standout program, earning three stars from the National Council on...
by Zachary Janowski | Jun 28, 2013 | Features, General, State Budget, Taxes & Spending
Years of budget gimmicks have left Connecticut with a billion-dollar deficit under normal accounting rules. That deficit fell by one third last fiscal year, from $1.7 to $1.1 billion, largely due to a reduction in accounts payable owed. This shortfall represents the...
