Connecticut

Controversy over state borrowing levels and how to backstop COVID-19 measures surrounded a two-year, $4.7 billion bond authorization bill that Gov. Ned Lamont signed.

Recently elected Mayor Justin Elicker revived an old municipal battle cry with a call for more contributions from Yale University and Yale New Haven Health.

Moody's cited stable financial operations and adherence to a recovery plan in Connecticut's capital.

Ned Lamont said the $625 million is no longer linked to any passage of a highway tolling bill.

Instead the governor intends to bond for $200 million annually to fund transportation infrastructure needs.

The state's latest highway toll proposal, for heavy trucks only, spawned partisan bickering over whether bond-bill language could lead to tolls on cars.

The consulting firm will perform a comprehensive review of the city’s financial position, Mayor Justin Elicker said.

The state's budget and rating momentum may hinge on economic growth, which has not presented a pretty picture.

Justin Elicker will take over a Connecticut city with challenges that include low pension funding and a rift between downtown and its poorer neighborhoods.

The Bond Buyer's Paul Burton and Andrew Coen dissect Northeast regional transportation, including the stalled Gateway tunnel project, New York MTA, NJTransit, Penn Station and Connecticut's tolling debate.