Keith M. Phaneuf / CT Mirror
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The nonprofit groups also offered several reform options, including redesigning a controversial program to save volatile revenues and expanding allowable spending cap growth.
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Analysis fuels advocates for new CT income tax break for families.
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Though Connecticut’s massive pension debt dominates the headlines, its tab for school construction, transportation work and other bonded initiatives also ranks among the heaviest burdens in the nation.
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State will collect another $1.3 billion next year, but lawmakers can’t spend it.
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The main expense is legacy debt, not the cost of benefits for present-day, public-sector employees.
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Four months after Democratic legislators left key accounts in the new state budget underfunded by hundreds of millions of dollars, Republicans are still waiting for an opinion on whether the process was legal.
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Republican state lawmakers call again for special session to address energy costs in Connecticut.
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But the $1,760 maximum assistance level projected for the Connecticut Energy Assistance Program is below aid levels offered in recent years.
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With Connecticut’s rainy day fund now projected to approach $4.1 billion — seven years after it held about 1/20th of that total — calls to reassess what many call the state’s aggressive savings programs continue to grow.
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Senate leader also will renew debate on statewide property tax on high-value houses.