Connecticut

Shawn Wooden expects his proposal to fix to state teachers’ pension system to kick-start an agenda that includes infrastructure, improved returns and financial literacy.

Issuers in the Northeast sold $95.5 billion of municipal bonds in 2018, off 21.3% from 2017 with an even more pronounced fourth-quarter drop.

Gov. Ned Lamont’s budget speech will include a far-reaching proposal by state Treasurer Shawn Wooden to shore up the wobbly Teachers’ Retirement Fund.

Ned Lamont says his initiative could cut Connecticut’s borrowing by 39%, or hundreds of millions of dollars annually.

They include the return of Sarah Sanders as assistant treasurer for debt management, a position she held from 2007 to 2017.

Ned Lamont will grapple with fiscal strains, a tolling controversy, struggling cities and underfunded pensions.

How the Bond Buyer covered the disasters and challenges of 2018.

The University of Connecticut envisions a development partnership through a special-purpose entity to construct a hockey arena on its Storrs campus.

Fitch placed the A-plus rating on credit watch negative a week after CMEEC announced its own probe into embezzlement allegations.

After last week's revelations about alleged wrongdoing by CMEEC officers, the issuer has appointed a special committee to oversee its own investigation.

Connecticut Municipal Electric Energy Cooperative officials allegedly used CMEEC funds for lavish trips to the Kentucky Derby and a luxury golf resort in West Virginia.

Treasurer Denise Nappier said a lottery revenue infusion and asset transfers could pump $3 billion into the Teachers' Retirement Fund.

West Haven credit quality hinges on plan execution, S&P says

The results stand to influence the municipal market through capital planning and budget actions with potential impacts on ratings and borrowing levels.

"I thought their approach was novel," Connecticut Lottery Corp. President Gregory Smith said of New Jersey's maneuver to boost pension funding.

Connecticut must deal with a timing discrepancy between a bond covenant and a legislative amendment intended to loosen its restrictions.

Transportation research nonprofit TRIP said more than 7% of the state's bridges -- more than 300 -- are structurally deficient.

Connecticut’s planned issue of credit revenue bonds is a “potentially terrible long-term solution,” says Municipal Market Analytics.

The state's special commission on pension funding is exploring contributions of real-estate assets to an independently managed trust.

Toni Harp says New Haven does not intend to apply to Connecticut's oversight board despite budget struggles and deficit borrowing.