The OTHER state budget crisis.
The current budget stalemate at the State Capitol may soon affect hundreds of thousands of Connecticut commuters right where it hurts, in the wallet.
Connecticut Governor Dannel Malloy said last week that the state’s transportation system is facing a crisis because revenue from taxes on gasoline are sinking as vehicles get better mileage, and people use less gas.
One of the first proposals for the new legislative session that begins on February 7 is a 4 cent a gallon hike in the tax on gasoline.
The breaks have been slammed on state transportation projects.
The Governor’s budget office says state tax returns from the April 15th filing deadline now show the current state budget year surplus at $566 million.
Governor Dannel Malloy and Connecticut Department of Transportation Commissioner James Redeker announced Thursday that previously planned bus and train fare increases and service reductions that had been scheduled to take effect on July 1 have been canceled.
Governor Malloy is to make an announcement regarding the state Special Transportation Fund.
Governor Dannel Malloy has basically been a piñata for the gubernatorial race, taking shots from candidates on both sides of the aisle.
The State of Connecticut Office of Policy and Management has released its latest figures regarding the state’s General Fund.