budget

Nassau County’s fiscal control board approved the county’s 2017 budget, but only after the county legislature approved $36 million in cuts and new fees.

Bob Child / AP

Connecticut Comptroller Kevin Lembo says he expects negotiations between the state’s employee labor unions and the Malloy administration will soon produce an agreement that could help the state reduce its pension obligations.

Courtesy of the Suffolk County Legislature

The Suffolk County Legislature has approved a $2.9 billion county budget for 2017, including $60 million in fees and taxes.

Nassau Financial Board: County Must Cut Deficit

Oct 17, 2016

The Nassau Interim Finance Authority, or NIFA, says Nassau needs to cut its projected 2017 budget deficit from $100 million to $60 million or it will impose its own cuts.

Jessica Hill / AP

Connecticut lawmakers are working on closing a nearly $1 billion budget gap for the next fiscal year before their legislative session ends at midnight on Wednesday, May 4.

At issue are three competing plans: One introduced by Democratic Governor Daniel Malloy, another introduced by legislative Republicans, and a partial fix that was tabled a while back by the Democratic leaders in the legislature.

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