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Malloy releases fourth state budget proposal

Gov. Dannel Malloy delivers his budget address in February, as shown on CT-N.

NORWALK, Conn. – This is a press release, presented in the format in which it was sent:

 

(HARTFORD, CT) – Governor Dannel P. Malloy today released his fourth balanced budget proposal for the FY18-FY19 biennium.  Built off the administration’s last compromise budget (House Bill 7501, as amended by Senate Amendment A), this new budget eliminates numerous tax increases, cuts additional spending, and pares down implementer language to focus only on structural changes and language that is actually necessary to implement the biennial budget.

“This is a lean, no-frills, no-nonsense budget,” Governor Malloy said.  “Our goals were simple in putting this plan together: eliminate unpopular tax increases, incorporate ideas from both parties, and shrink the budget and its accompanying legislation down to their essential parts.  It is my sincere hope this document will aid the General Assembly in passing a budget that I can sign into law.”

This latest proposal from the Governor includes the following:

  • Revenue Changes: This proposal maintains revenue changes where there was general consensus, while eliminating other, problematic revenue proposals, including new taxes on second homes, cell phone surcharges, ridesharing fees, and daily fantasy sports.
  • Spending Cuts: In order to achieve balance, the proposal cuts spending even further with an additional $150 million in reductions over the biennium, bringing the total spending cuts to more than $144 million, bringing the total general fund spending to $18.38 billion in FY18.
  • Implementing Language: This proposal strips more than 130 pages of implementing language from House Bill 7501, as amended by Senate Amendment A.  It does so by paring down implementer sections into two key categories: items that provide structural relief for the state and municipalities, and language that is necessary to actually implement the biennial budget.  In doing so, it removes language for a new transportation authority, language on “raise the age” policy, and much more.
  • Municipal Aid: This proposal includes an updated ECS formula that maintains focus on school districts most in need of assistance, but which phases in more gradually in order to ease the impact on Connecticut municipalities.  As referenced above, the budget also contains municipal mandate relief for Connecticut towns and cities, as well as the “Municipal Accountability Review Board” to ensure that aid to Hartford and other struggling municipalities is paired with oversight and accountability.

“As with every budget I have put forth, I remain open to making changes and improvements to this document,” Governor Malloy said.  “No budget is perfect, and none of us have the market cornered on good ideas.  At the same time, we must keep in mind that time is of the essence if we want to avoid the most difficult cuts to towns, hospitals, and nonprofits.  Simply put, we need to act now on behalf of our constituents.”

**Download: Governor Malloy’s fourth budget proposal for the FY18-FY19 biennium

**Download: Index of proposed implementer changes

This press release was posted as a public service. A press release is a written announcement submitted to news organizations to publicize an event or activity, a milestone or a point of view. NancyOnNorwalk has not researched the assertions made and takes no responsibility for the content.

2 comments

Bryan Meek October 17, 2017 at 9:08 am

Three card Malloy’s latest run here shows Norwalk coming in flat, although there is no discussion of the Priority School Districts Grant of $3.9 million.

I suppose on balance, this is better than the last iteration of his budget that was going to cost us $10 million plus.

The problem overall, however, is that it is again based on bogus revenue forecasts and we will only end up in a worse spot a year or two from now.

After raising taxes for six years and never making one single revenue projection you think he would have learned by now.

My only question is will Rilling, Duff, Morris, and Perone support this one that only costs us $4 million seeing they were against the one that cost us nothing and in favor of the one that cost us $10 million.

Bryan Meek October 17, 2017 at 10:36 am

Correcting myself upon further analysis, it does seem the Priority Grants are in there and just slightly less than last years, although no city by city allocation. There is also a slight reduction to the Excess grant but that looks minimal too. Norwalk would be somewhat flat in funding from this proposal, if you can believe the revenue numbers will ever happen.

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Nancy came to Norwalk in September 2010 and, after reporting on Norwalk for two years for another company, resigned to begin Nancy On Norwalk so she engage in journalism the way it was meant to be done. She is married to career journalist Mark Chapman, has a son, Eric (the artist and web designer who built this website), and two cats – a middle-aged lady and a young hottie who are learning how to peacefully co-exist.