by Zachary Janowski | Jun 25, 2012 | Features, General
From what I can tell, the New York Times is wrong when it says GASB is getting rid of actuarial smoothing: The board will also do away with the commonplace practice of “smoothing” the value of pension investments, or spreading the recognition of market gains and...
by Zachary Janowski | Jun 25, 2012 | Features, General
The nonprofit board charged with regulating accounting for state and local governments in the U.S. will take up a proposal Monday to change the way the public sector reports on pensions. The Governmental Accounting Standards Board is scheduled to vote on two new sets...
by Zachary Janowski | Jun 22, 2012 | Features, General, Municipal
Sorry, Cheshire. First, Gov. Dannel Malloy gives Cheshire-based Alexion Pharmaceuticals as much as $51 million to move to New Haven. Then the “bubble” over the town pool rips. Luther Turmelle reports for the Register that since 2003 the pool “has...
by Caitlin Landers | Jun 21, 2012 | Features, General, Taxes & Spending
The Department of Developmental Services did not keep proper records of their worker’s compensation files and one woman worked despite being “totally disabled,” according to state auditors. Most of the worker’s compensation files reviewed by the auditors were missing...
by Caitlin Landers | Jun 14, 2012 | Features, General, Transportation
Enfield – The Connecticut Department of Transportation received generally positive feedback from nearly 60 attendees at a public hearing Wednesday, but some proposed station locations prompted dissent. Mark Alexander, DOT transportation assistant planning director,...
by Zachary Janowski | Jun 14, 2012 | Education, Features, General
Forty-one Connecticut school districts can educate two high school graduates for less than the cost of one Hartford graduate, according to Department of Education data. That means nearly half of the 111 districts reviewed are twice as efficient as Hartford public...
