Connecticut

The Connecticut Bond Commission approved $17.5 million in state funding for the design, engineering and construction of a rail yard on the Metro-North Railroad Danbury branch line in Norwalk.

The study in contrasts these days between Massachusetts and Connecticut boils down to two words: General Electric.

Massachusetts celebrates and Connecticut winces as General Electric announces plans to move its world headquarters to Boston.

Just how far Connecticut Gov. Dannel Malloy can advance his transportation agenda is uncertain, given the state's budget strains, high debt, and pension liability woes.

The Connecticut Housing Finance Authority issued more than $400 million of bonds in 2015, including a $30 million sale in December backed by strong retail demand.

Connecticut should phase in a reduction of its investment return assumption from 8% to 7% to conform “more realistically” to capital markets expectations, said state Treasurer Denise Nappier.

Connecticut Gov. Dannel Malloy announced an agreement with Amtrak to complete Hartford line commuter rail service between New Haven and Springfield.

Connecticut’s $650 million sale drew the highest amount of GO retail interest in nearly 18 months, said state Treasurer Denise Nappier.

A proposal to split up the main employee pension fund has triggered debate in Connecticut, where an unfunded liability mess contrasts with enviable per-capita income statistics.

The Connecticut Teachers' Retirement Board lowering its long-term investment return assumption to 8% from 8.5% is a credit positive for the state, said Moody's.

Connecticut will come to market with a $650 million GO bond sale that includes a green-bond series of $65 million.

Connecticut should reduce the investment return assumptions of its two major state employee retirement plans, state budget Director Benjamin Barnes said following an academic report.

The Connecticut Teachers' Retirement Board approved an actuary's recommendation to reduce the investment return assumption from 8.5% to 8%.

Gov. Dannel Malloy should not invoke Wall Street in discussions about Connecticut’s budget deficit, said state Sen. Len Fasano.

Gov. Dannel Malloy on Monday acknowledged an estimated $121 million shortfall in Connecticut’s budget and called for bipartisan meetings.

Connecticut’s $840 million special tax obligation transportation bond sale included a record $442 million of retail orders, said state Treasurer Denise Nappier.

MMCT Venture, a partnership between the Mohegan and Mashantucket Pequot tribes in Connecticut, released an RFP for a Hartford-area casino.

Connecticut lawmaker Scott Frantz said the state nearing its “soft cap” bond limit for the year should concern rating agencies.

Connecticut is accepting applications for a new grant program designed to help communities plan for remediating and redeveloping clusters of brownfield sites.

Connecticut received a $700,000 federal grant to study of transit-oriented development in the Hartford line corridor, which covers New Haven, Hartford and Springfield, Mass.