by Zachary Janowski | Jul 14, 2011 | Features, General, State Budget
Adding insult to injury, the State Comptroller announced state police union dues will rise 2.5 percent the same day the Hartford Courant reported 57 troopers will get pink slips. Gov. Dannel Malloy is laying off about 6,500 state employees to fill a $1.6 billion...
by Zachary Janowski | Jul 12, 2011 | Features, General, State Budget
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...
by Zachary Janowski | Jul 8, 2011 | Features, General
The way states and local governments account for pensions is about to change – slowly. The Governmental Accounting Standards Board, a nonprofit based in Norwalk, Conn., will release a draft of changes to pension accounting rules Friday. These changes will first affect...
by Zachary Janowski | Jun 30, 2011 | Features, General, State Budget
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...
by Zachary Janowski | Jun 29, 2011 | Features, General, State Budget
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...
