Sunny Weather in Beach Season Brings Increase in Parks Revenue

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OLD SAYBROOK — Harvey’s Beach and mini golf games showed a hearty increase in gross income of 13 percent during the 2019 beach season compared to last year, which the town’s parks director said was likely due to consistently warm and sunny weather during summer weekends. “I think we had a really good summer. The weather always plays a major factor in what we’re doing in our summer facilities,” said Parks and Recreation Director Raymond Allen. “If you recall this summer every weekend was beautiful and that certainly is a factor. Our weekends tend to be more busy than during

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Opinion: On Fixing Connecticut’s Budget

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Connecticut citizens wonder why the state can’t get its budget act together. Why is Connecticut’s infrastructure crumbling when improvements are supposed to be funded by the gas tax? Why can’t we get our heads — or budgets — around healthcare that works for everybody. Our public pensions are grossly underfunded. We’re backsliding when it comes to children and family welfare. All we ever hear is that our young entrepreneurs are leaving the state, and the cost of living continues to rise. All of this is significantly impacted by the way Connecticut budgets. In my 18 years in the General Assembly

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Fitch Announces Upgraded Bond Rating for New London

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New London — Fitch Ratings upgraded New London’s bond rating from A+ to AA- on Friday and announced the city’s rating outlook has been revised from positive to stable. Fitch, along with Moody’s and Standard & Poor’s, is one of the major credit rating agencies known as the “big three.” Fitch assigns long-term credit ratings on an alphabetic scale beginning with AAA as the highest and scaling to D as the lowest, with =/- modifiers in between. According to Fitch Ratings’ report, the one-notch rating upgrade for the city’s Issuer Default Rating (IDR) and general obligation (GO) bonds “is driven

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East Lyme Finance Board Candidates Talk Priorities for Tight Budgets

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EAST LYME — Five candidates are competing for three seats on the Board of Finance in the November 5 election. The board has a total of six members, who serve staggered four-year terms. None of the five candidates are incumbents on the finance board, although all have served on other town boards previously, and one candidate — Peter DeRosa — served two years on the finance board, ending in 2017. In interviews with CT Examiner, the candidates discussed their qualifications and priorities if elected. Every candidate noted that all of Connecticut is facing uncertainty about likely reductions to state funding

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Editorial: Mis-marketing the Budget

Just months after Connecticut voters overwhelmingly embraced the idea that transportation funds should be used for transportation, the legislature proved itself unable to abide by that commitment. Of course, given decades of negligence by the state (and its people) to properly account for pension costs, we understand that crafting a satisfactory budget is near impossible, but still in the process the legislature cast doubt on every supposedly designated stream of funding, whether for infrastructure or the environment.

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