STAMFORD, CT – First County Bank awarded Stacey Karipides of Stamford, $1,000, as she is the latest winner of the FirstPrize $avings account drawing. When Maria Bivona, the Branch Manager at First County Bank’s Springdale-Stamford branch called Ms. Karipides to tell her that she had won, “Ms. Karipides was pleasantly surprised to hear the good…
Category: Business
CT OPM issues final fiscal year 2022 budget forecast to state comptroller
HARTFORD, CT – Connecticut Office of Policy and Management (OPM) Secretary Jeffrey Beckham on Wednesday sent the attached expenditure and revenue estimates to State Comptroller Natalie Braswell regarding the state’s General Fund and Special Transportation Fund for Fiscal Year 2022. This is the final budget forecast for Fiscal Year 2022. According to the latest monthly…
Governor Lamont announces landmark new climate law
NEW HAVEN, CT – Governor Ned Lamont today joined state agency officials, legislators, and environmental stakeholders on the New Haven Green to highlight the enactment of Public Act 22-25, a landmark new law that includes a number of actions that will help reduce greenhouse gas (GHG) emissions from the transportation sector, improve air quality and…
CT Department of Labor: State job numbers remain solid
Wethersfield, CT – On Thursday, Connecticut Department of Labor (CTDOL) Commissioner Danté Bartolomeo released June jobs data showing continued positive economic growth in the state. The unemployment rate fell 0.2% to 4.0% and state employers added an estimated 1,700 jobs, making June the sixth consecutive month for job growth. Additionally, May job numbers were revised…
Gas Buddy: More Americans to Hit the Road This Summer Even as Gas Prices Hit New Records
GasBuddy, a PDI company, released on Thursday the results of its annual summer travel survey revealing that even with record-high gasoline prices, 58% of Americans intend to road trip this summer, a rise from last summer, when gas prices were nearly $1.50 per gallon lower. While the high prices may not stand in the way…
Consumer Counsel alert: Eversource customers will see an increase in electric supply rates effective July 2022
The supply portion of electric bills for customers of The Connecticut Light and Power Company, d/b/a Eversource Energy (“Eversource”) paying the Standard Service supply rate is scheduled to increase on July 1, 2022, as approved by the Public Utility Regulatory Authority (PURA) on May 10, 2022, as follows: CL&P/Eversource Standard Service Rates 7/1/21 1/1/22 7/1/22 …
Huge Turnout at Careers In Manufacturing Expo
BRIDGEPORT, CT – Housatonic Community College (HCC) hosted a Careers in Manufacturing Expo 2022 on May 4, connecting 28 manufacturing firms from Connecticut with those interested in the field and prospective employees. A whopping 300 job seekers and students attended the free event to discover in-demand manufacturing positions, learn about the industry, meet employers, attend…
Governor Lamont approves Municipality Accountability Review Board recommendation to place West Haven under Tier IV oversight
HARTFORD, CT – Governor Ned Lamont today announced that he is approving the recommendations of the Municipality Accountability Review Board (MARB) to designate the City of West Haven as a Tier IV municipality, providing the greatest level of state oversight into a municipality’s finances as allowed under state law. The board’s recommendation to change city’s…
Ribbon Cutting Ceremony Planned on May 20 to Celebrate Grand Opening of Two Small Businesses in Shelton
SHELTON, CT – On Friday, May 20, the community is invited to the grand opening of two small businesses in Shelton, CT. Custom Sleep Technology (CST) and Whitney Cabinet Painting will host a joint ribbon-cutting ceremony from 3:00-5:00PM at the historic Conti building, located at 132 West Canal Street in Shelton. Attendees will rub elbows…
Governor Lamont signs budget that includes the largest tax cut in Connecticut history
HARTFORD, CT – Governor Ned Lamont announced on Monday that he has signed into law the fiscal year 2023 budget adjustment bill, which includes more than $600 million in tax cuts – the largest tax reduction in Connecticut’s history. Tax cuts in the package include suspending Connecticut’s excise tax on gasoline through November 30, 2022;…