budget

Stamford Board of Finance
2:55 pm
Wed June 25, 2014

Stamford gets $2.1M to balance its year-end books in late request

The Stamford Board of Finance voted 5-1 Tuesday night to approve an 11th-hour appropriation for $2.1M for a projected shortfall in several departments including police and fire. That's not before board members chastised the Martin Administration and this year's budgetary process for not keeping the body better informed of the projections.

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Legislature Adjourns regular session
6:15 am
Thu May 8, 2014

2014 Conn. legislative session comes to a close

Connecticut Gov. Dannel P. Malloy, right, addresses the House and the Senate at the end of session at the Capitol on the final day of session, Thursday, May 8, 2014, in Hartford, Conn.
Credit AP Photo/Jessica Hill

Connecticut lawmakers ended this year's legislative session at midnight Wednesday. The highlight of the session was the passage of a revised $19 billion state budget based on an agreement between the Democratic majority in the legislature and Democratic Governor Dannel Malloy.

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Prompted by lower than expected tax return revenue
5:41 pm
Mon April 28, 2014

Malloy scraps plan to send $55 refund checks to Conn taxpayers

Conn Governor Dannel Malloy
Credit Gov. Malloy's office

Connecticut Governor Dannel Malloy has abandoned his proposal to give a $55-per-person tax refund this year. This comes after it was announced on Monday that that state’s tax return revenue is below what had been anticipated.

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Budget expected to whipsaw back to negative
5:37 pm
Tue April 22, 2014

Suffolk sheds deficit (but not for long)

Lou D'Amaro (D-Babylon) says Suffolk closed previous budget gaps and can do so again.
Credit Charles Lane

Suffolk County budget officials say there’s a slowly improving fiscal picture for the county and that Suffolk actually had its first budget surplus since 2006.  

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"Three men in a room"
9:50 am
Fri March 28, 2014

Budget decisions made behind closed doors in long Albany tradition

Assembly Speaker Sheldon Silver, D-Manhattan, right, and press secretary Michael Whyland walk to through the War Room on their way to Gov. Andrew Cuomo's office for a legislative leaders budget meeting at the Capitol on Thursday, March 27, 2014, in Albany, N.Y.
Credit AP Photo/Mike Groll

When a budget deal is finally reached in Albany, average New Yorkers will have had little access to the details of the important items that Governor Andrew Cuomo and lawmakers are discussing. That’s because, the long Albany tradition known as "three men in a -room" continues.

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