Gov. Malloy Introduces Budget Proposal Focused On Making State Economy More Predictable And More Sustainable
The Governor is calling for a two-year budget that does not make any adjustments to any major tax rates, stays within the spending cap, and grows at a pace well below inflation. Containing $1.36 billion in new spending reductions, the proposal re-envisions state government in order to provide essential, core services at a less cost to taxpayers.
(HARTFORD, CT) - Governor Dannel P. Malloy and Connecticut Department of Public Health (DPH) Commissioner Dr. Raul Pino today announced that six local health departments/districts (LHDs) will each receive $30,000 during each of the next three years to further expand efforts combating the opioid epidemic. The funding is being distributed as part of a federal grant the state received from the Centers of Disease Control and Prevention (CDC) to tackle opioid-related overdoses.
The Stamford State House delegation and Senator Carlo Leone (D-Stamford) applauded the State Bond Commission’s investment of over $35 million in funding and loans for three Stamford businesses and a major local transportation project. The State Bond Commission approved a $5 million loan for BTG Pactual Commodities Trading LLC, a $5 million loan for W.J. Deutch & Sons Ltd., a $5.5 million loan for Log Storm Security, Inc., and over $21 million of previously allocated funds for the reconstruction of the Atlantic Street rail road overpass in Stamford.