tax increases

A home in Mystic Islands, N.J. wrecked by Superstorm Sandy (credit: Tim Larsen / Governor's Office)

Report: Federal Aid May Have Prevented Local Tax Hikes In Sandy’s Wake

Waves of federal aid, some strategic borrowing, lowered property values and surplus accounts helped many shore communities avoid having to raise taxes drastically to compensate for the lost tax revenue.

07/14/2013

Dan Malloy (Credit: Getty Images)

Conn. Officials Brace For Possible Budget Cuts

As Gov.-Elect Dan Malloy prepares to be sworn in on Wednesday, other Connecticut elected officials are preparing for possible budget cuts and tax increases.

01/04/2011