taxes

Jessica Hill / AP

Democratic leaders in the Connecticut legislature have released a revised budget proposal to balance the state’s next two-year budget.

Jessica Hill / AP

Connecticut Governor Dannel Malloy released a revised two-year state budget that reduces aid to many municipalities by another $362 million in the first year while boosting aid to poorer communities.

Elise Amendola / AP

Voters in New York State will get a chance to vote on their local school budgets on Tuesday.

Kevin P. Coughlin / Office of Gov. Andrew M. Cuomo

New York Governor Andrew Cuomo signed a bill Thursday that requires county executives to assemble local government panels to realize taxpayer savings, including property taxes in Suffolk County.

Jessica Hill / AP

Connecticut income tax receipts fell $450 million in April. That’s according to consensus revenue figures released on Monday by Governor Dannel Malloy’s budget office and the state General Assembly’s office of fiscal analysis.

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