Connecticut

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.

Issuers in the Northeast sold $54.2 billion of municipal bonds in the first half of 2015 rising 26% compared to the first six months of 2014.

Oregon motorists seem eager to sign up for the state's new miles-traveled road fee system but Connecticut lawmakers are not interested.

Connecticut bond panel approval of $546 million in GO bonds, including a block of Gov. Dannel Malloy’s priority transportation, raises questions about debt load.

Fitch Ratings removed its negative outlook on Connecticut's general obligation bond rating, restoring a stable outlook while affirming its AA rating.

Collection of unclaimed property exceeded projections and enabled Connecticut to deposit $69 million into its general fund, said state Treasurer Denise Nappier.

The Connecticut Housing Finance Authority plans to sell $161 million in tax-exempt bonds in three series to finance single-family mortgages.

State Treasurer Denise Nappier promoted Deborah Spalding to chief investment officer of the $30 billion Connecticut Retirement Plans and Trust Funds.

StepStone is the new consultant for the $30 billion Connecticut Retirement Plans and Trust Funds’ private investment fund, state Treasurer Denise Nappier said.

Connecticut's legislature after midnight approved a revised $40 billion biennial budget that rolled back some of the business taxes to which major corporations within the state had objected.

The Connecticut treasurer’s office for the 15th straight year has received a Treasury Certificates of Achievement for Excellence from the Government Finance Officers Association.

Connecticut lawmakers will convene this month to debate Gov. Dannel Malloy’s proposed business tax reductions, which he announced after pushback from major corporations.

Budget friction lingers in Connecticut, where fallout includes threats by GE and Aetna to relocate over business tax hikes.

Connecticut's lawmakers, like students cramming for final exams, approved a two-year, $40.3 billion budget at 11:30 p.m. and on the heels of an all-nighter.

Connecticut's full legislature is set to vote on a $40 billion biennial budget after lawmakers struck a tentative deal with Gov. Dannel Malloy over the weekend.

Connecticut completed $881 million in general obligation bond sales in May including a $181 million refinancing, said Treasurer Denise Nappier.

Lee Ann Palladino, chief investment officer of the $30 billion Connecticut Retirement Plans and Trust Funds since 2011, will retire July 1.

Connecticut Treasurer Denise Nappier announced a $145 million state-focused investment program designed to generate returns for public pension plans.