Connecticut

Connecticut's Senate was to debate a proposed two-year $37.5 billion budget after bleary-eyed House members approved its plan right before sunrise on Sunday.

Standard & Poor's raised its long-term rating and underlying rating on Preston, Conn.'s general obligation bonds to AA-minus from A-plus.

The Connecticut legislature's Finance, Revenue, and Bonding Committee tabled a bill that would have established a $500 tax credit for the individual purchase of long-term care insurance.

Connecticut Treasurer Denise Nappier received a public service award from the Municipal Forum of New York at a ceremony that also honored Frank Chin of Citi, Mark Muller and Austin Koenen.

The Connecticut Bond Commission earmarked $11.7 million for two Department of Transportation projects at the Stamford train station and in four other communities.

Fitch Ratings downgraded New Haven's general obligation bonds to A, citing weakened financial flexibility, above average debt and high future retiree costs.

The Department of Economic and Community Development awarded $10.6 million in loans and grants to remediate nine brownfields throughout Connecticut.

Fitch Ratings downgraded the general obligation bonds of Hamden, Conn., to BBB-plus from A-minus, affecting about $78.5 million of debt.

Gov. Dannel Malloy, pursuant to a state statute, approved $95 million in bond funding for Connecticut State University System 2020 projects during fiscal 2014.

An improvement in revenue is shrinking the projected deficit and improving the outlook for the end of fiscal 2013, according to Connecticut Comptroller Kevin Lembo.

Connecticut capital Hartford plans to sell nearly $240 million overall though refunding and new money bonds — both general obligation — and BANs.

Connecticut's Bond Commission will vote on more than $37 million in capital improvement projects for community colleges at its special meeting.

Connecticut officials announced a multiyear deal for the Connecticut Whale minor league hockey team to keep playing in Hartford, as part of a deal that could include bonds to modernize the XL Center arena.

Hartford's downtown arena is in store for a makeover through a capital investment from Global Spectrum that will enable the state to bond for improvements.

Connecticut Gov. Dannel Malloy's two-year, $21.5 billion budget includes $1.8 billion worth of capital funds and a bioscience initiative for UConn.

Sen. Scott Frantz, R-Greenwich, the newest member of the Connecticut Bond Commission, wasted no time grilling Gov. Dannel Malloy about long-term debt.

Connecticut again weighs restoring highway tolls amid budgetary struggles, a raided lockbox transportation fund and less available federal money down the road.

Yale-New Haven Hospital is scheduled to come to market Thursday with a $232 million sale of revenue bonds in three series. Barclays is lead manager.

The House late Tuesday approved more than $50 billion of aid for victims of Superstorm Sandy, which ravaged parts of New Jersey, New York, Connecticut and other states.

Gov. Dannel Malloy touched briefly on Connecticut's finances against the hovering backdrop of the Newtown school shootings in his state of the state address.