Malloy Holds Back State Funds To Cities And Towns

HARTFORD, Conn. (CBS Connecticut and AP) – Gov. Dannel P. Malloy is holding back funds to state agencies and municipalities to cover an estimated $881.6 million gap built into the newly passed, two-year $41.3 billion budget.
The Democrat’s fiscal office announced Friday that the bulk of the $881.6 million – $700 million – will come from expected savings from the state employee labor concession agreement.
But Malloy’s plan reduces state aid to cities and towns by $91