Connecticut

New York, New Jersey and Connecticut are the first states to have created charitable funds that taxpayers can contribute to in order to claim a charitable deduction in lieu of paying state and local taxes.

The covenant commits the state to four financial-restraint measures that lawmakers passed.

The IRS notice warns that federal law, not state law, controls how payments for federal income tax purposes are characterized.

Cities coping with phenomena like climate change and cybersecurity are empowering themselves through data mining and other smart technologies.

Strategies range from flexible pricing structures with taxable and tax-exempt bonds to public-private partnerships.

State Treasurer Denise Nappier released a certification that accounts for bond projects lawmakers authorized and canceled.

Strong personal income tax revenues in California and Connecticut could be a harbinger for other states.

The $20.8 billion second-year adjustment to the biennial plan cleared 48 minutes before Wednesday's midnight adjournment deadline.

The new chief investment officer of the $34 billion Connecticut Retirement Plans and Trust Funds will begin his duties Monday.

Its effect would hinge on party control of the General Assembly in 2022, given the open-endedness of the legislation.

Conning is holding firm to its declining outlook on states' credit quality, though S&P sees some rays of sunshine.

Aid to Hartford, in light of Connecticut’s assumption of city GO debt over 20 years, has become a lightning rod.

The Connecticut Housing Finance Authority expects to finance 695 mortgages for first-time home buyers through its planned $118 million issuance of fixed-rate bonds.

With competing party-line legislative budgets, a rebuke of both by the governor and a worsening deficit projection, the state is careening toward more fiscal turmoil and further backlash from Wall Street.

Hartford Mayor Luke Bronin struck a guardedly optimistic tone as he released a $567.3 million budget plan.

The rating actions came after the state agreed to assume the city's GO debt.

The bonds will finance projects in the UConn 2000 Infrastructure Improvement Program, a $4.6 billion, 32-year initiative.

The controversial bailout for Hartford is sending fiscal shock waves through the legislature and contributed to $100 million for the XL Center being cut from the governor's proposed capital improvement budget.

Restructuring expert Michael Imber of EisnerAmper explains how in-kind real-estate asset contributions could curb the state's steep unfunded liability. Paul Burton and Chip Barnett host.

The city's issuer rating from Moody's Investors Service remains mired in speculative-grade territory.