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 | 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...
by Jordan Otero | Jun 28, 2013 | Features, General, State Budget, Taxes & Spending
The former chief financial officer of the Connecticut Lottery Corporation won big when he left his position in 2011, pocketing $50,000 under a separation agreement. The CLC and John Ramadei entered the agreement in November 2011. Under the agreement, the CLC paid...
by Zachary Janowski | Jun 24, 2013 | Features, General, State Budget, Taxes & Spending
The Department of Correction gave inmates paid holidays until auditors questioned the practice 18 months ago. According to a June 20 report by the Auditors of Pubic Accounts, the department unit charged with employing and training inmates had a tradition of paying...
by Zachary Janowski | Jun 13, 2013 | Economy, Features, General, State Budget, Taxes & Spending
The largest hedge fund in the world is getting state aid amounting to what looks like $140 million to relocate from Westport to Stamford. That money has already started flowing. The State Bond Commission has allocated $16 million to Bridgewater Associates’...
by Zack Albert | Jun 12, 2013 | Blog, Taxes & Spending
The election of Kevin Lembo as the state’s Comptroller has always stood out, in my mind, as a bright spot in an otherwise dismal 2010 electoral cycle. His policy initiatives, especially those aimed at greater government transparency, seek to remind lawmakers of an...
