by Zack Albert | Feb 6, 2013 | Blog, Economy, State Budget, Taxes & Spending
Connecticut has a spending problem. Since 1970, state expenditures have increased an inflation-adjusted 368 percent, a figure which does not include the additional spending increases Governor Malloy is expected to announce at noon today. Reuters predicted...
by Suzanne Bates | Feb 1, 2013 | Blog, Education, Features, General, Politics, State Budget, Taxes & Spending
Gov. Dannel Malloy announced on Thursday that he wants to borrow $1.5 billion over the next 10 years to strengthen the science, technology, engineering and math programs at the University of Connecticut. This announcement raises a few questions. First, how much of...
by Katherine Concepcion | Jan 31, 2013 | Features, General, State Budget, Taxes & Spending
The Department of Public Health paid one employee for 28 hours of work in a single day, according to auditors. DPH made the payment for a combination of on-call hours and regular working hours. “We were told that employees are paid for on-call duty even when they are...
by Zachary Janowski | Jan 25, 2013 | Features, General, State Budget, Taxes & Spending
Taxpayers owe a growing debt to state employees for their unused paid time off, recently totaling more than $700 million or $11,500 per employee. In other words, if every state employee retired today, taxpayers would owe them more than $700 million for their unused...
by Zack Albert | Jan 23, 2013 | Blog, Economy, Municipal, Taxes & Spending
While the weather may have been rather pleasant on January 8th, the new Connecticut legislative session opened that day with a rather ominous fiscal cloud overhead. According to the Office of Fiscal Analysis, the expected revenue for the year has once again been...
by Zachary Janowski | Jan 16, 2013 | Features, General, State Budget, Taxes & Spending
Auditors found a state employee worked overtime “for approximately one hour a day for almost the entirety of fiscal year 2009” without approval from the agency’s commissioner as required by department policy. Despite the claim by auditors that they found no evidence...
