Program Review and Investigations Committee - PUBLIC HEARING AGENDA

Program Review and Investigations Committee
PUBLIC HEARING AGENDA
Tuesday, March 4, 2014 3:00 PM
Wallingford Town Council Chambers
Town Hall – 45 South Main Street Wallingford, CT

 

 

      I.        COMMITTEE BILLS FOR REVIEW

1.    H.B.No. 5375 (RAISED) AN ACT IMPLEMENTING THE RECOMMENDATIONS OF THE LEGISLATIVE PROGRAM REVIEW AND INVESTIGATIONS COMMITTEE ON THE REEMPLOYMENT OF OLDER WORKERS CONCERNING THE TECHNICAL HIGH SCHOOL SYSTEM.  (PRI)

2.    H.B.No. 5376 (RAISED) AN ACT IMPLEMENTING THE RECOMMENDATIONS OF THE LEGISLATIVE PROGRAM REVIEW AND INVESTIGATIONS COMMITTEE ON THE REEMPLOYMENT OF OLDER WORKERS AS THEY RELATE TO THE BOARD OF REGENTS FOR HIGHER EDUCATION.  (PRI)

3.    H.B.No. 5377 (RAISED) AN ACT IMPLEMENTING THE RECOMMENDATIONS OF THE LEGISLATIVE PROGRAM REVIEW AND INVESTIGATIONS COMMITTEE ON THE REEMPLOYMENT OF OLDER WORKERS AS THEY RELATE TO THE DEPARTMENT OF LABOR.  (PRI)

4.    H.B.No. 5382 (RAISED) AN ACT IMPLEMENTING THE RECOMMENDATIONS OF THE LEGISLATIVE PROGRAM REVIEW AND INVESTIGATIONS COMMITTEE STUDY ON THE REEMPLOYMENT OF OLDER WORKERS AS THEY RELATE TO JOB ADVERTISEMENTS.  (PRI)

5.    H.B.No. 5369 (RAISED) AN ACT IMPLEMENTING THE RECOMMENDATIONS OF THE PROGRAM REVIEW AND INVESTIGATIONS COMMITTEE CONCERNING CERTAIN FISCAL AND RESOURCE-RELATED MATTERS PERTAINING TO STATE PARKS.  (PRI)

6.    H.B.No. 5370 (RAISED) AN ACT IMPLEMENTING THE RECOMMENDATIONS OF THE PROGRAM REVIEW AND INVESTIGATIONS COMMITTEE CONCERNING THE PERFORMANCE OF CONNECTICUT'S STATE PARKS.  (PRI)

7.    H.B.No. 5378 (RAISED) AN ACT IMPLEMENTING THE RECOMMENDATIONS OF THE LEGISLATIVE PROGRAM REVIEW AND INVESTIGATIONS COMMITTEE CONCERNING MEDICAID-FUNDED EMERGENCY DEPARTMENT VISITS.  (PRI)

8.    H.B.No. 5371 (RAISED) AN ACT IMPLEMENTING THE RECOMMENDATIONS OF THE LEGISLATIVE PROGRAM REVIEW AND INVESTIGATIONS COMMITTEE STUDY ON ACCESS TO SUBSTANCE USE TREATMENT FOR INSURED YOUTH AS THEY RELATE TO THE DEPARTMENT OF CHILDREN AND FAMILIES.  (PRI)

9.    H.B.No. 5372 (RAISED) AN ACT IMPLEMENTING THE RECOMMENDATIONS OF THE LEGISLATIVE PROGRAM REVIEW AND INVESTIGATIONS COMMITTEE CONCERNING THE ALCOHOL AND DRUG POLICY COUNCIL.  (PRI)

10. H.B.No. 5373 (RAISED) AN ACT IMPLEMENTING THE RECOMMENDATIONS OF THE LEGISLATIVE PROGRAM REVIEW AND INVESTIGATIONS COMMITTEE CONCERNING THE REPORTING OF CERTAIN DATA BY MANAGED CARE ORGANIZATIONS AND HEALTH INSURANCE COMPANIES TO THE INSURANCE DEPARTMENT.  (PRI)

11. H.B.No. 5374 (RAISED) AN ACT IMPLEMENTING THE RECOMMENDATIONS OF THE LEGISLATIVE PROGRAM REVIEW AND INVESTIGATIONS COMMITTEE STUDY ON THE DEPARTMENT OF CHILDREN AND FAMILIES AS THEY RELATE TO PREPARATION OF YOUTHS AGING OUT OF STATE CARE.  (PRI)

COMPTROLLER LEMBO REPORTS $164.8-MILLION SURPLUS FOR FISCAL YEAR 2013

Comptroller Kevin Lembo today announced that the state’s financial outlook has improved and the Fiscal Year 2013 will likely end with a surplus of approximately $164.8 million, based on Generally Accepted Accounting Principles (GAAP).

The surplus would reach approximately $212.3 million on a modified cash basis accounting.

 

In a letter to Gov. Dannel P. Malloy, Lembo said this projection shows a slower overall rate of General-Fund spending growth of about 2 percent over last fiscal year. General Fund revenues for Fiscal Year 2013 are estimated to increase at a 3.6 percent rate over last year.

 

Lembo cautioned that the surplus is good news for the current fiscal year, but is largely attributed to unreliable revenue sources that the state may be unable to count on in the following years.

 

The surplus results from an improved revenue outlook and spending restraint,” Lembo said. “Deficit mitigation efforts, constraints on payroll growth, and fringe benefit budget reductions have contributed to the slower overall rate of spending growth.

 

“Double-digit growth in the estimated and final payment components of the income tax associated with strong capital markets and tax changes, as well as windfalls in the inheritance and estate tax, are driving the gains in receipts.”

 

As Lembo cautioned last month, “These revenue gains are welcome, but have the potential to be one-time windfalls. The slow rate of the economic recovery continues to present budget challenges.”

 

Economic data from federal and state Departments of Labor and other sources show:

• The state added 6,300 payroll jobs in April. Over the 12-month period ending in April, the state has had six months of job gains and six months of job losses. The net result over that period has been a gain of 10,800 jobs.

• According to the Department of Labor, Connecticut has recovered 57,500 positions or 47.4 percent of the 121,200 seasonally adjusted total nonfarm jobs that were lost in the state in the March 2008-February 2010 recession. The jobs recovery is now 38 months underway. A recession in the 1990s resulted in a state job loss of almost 160,000 payroll positions. It took 84 months to recover the jobs lost to that recession.
• The strongest job sectors on a year-to-year basis have been leisure and hospitality (+5,900), education and health services (+5,700) and construction (+4,000). The sectors experiencing the largest job losses are manufacturing (-2,500), government (-1,400), and financial activities (-2,200).
• Connecticut’s unemployment rate in April remained fixed at 8.0 percent; the national rate was 7.5 percent that month. Average weekly claims for unemployment rose in April, but remain well below the 2009 peak level.

• In 2012, Connecticut personal income advanced 2 percent, ranking the state 49^th nationally in income growth.
• The strongest growth in the New England region was in Vermont with growth of 3.4 percent. Nationally, income grew at a 3.5-percent rate in 2012. Quarterly personal income in Connecticut performed better in the first half of 2012 than the second half (the income figures for the 1^st quarter of 2013 will be available in June).
• According to the Department of Labor, average hourly earnings at $28.15, not seasonally adjusted, were down thirty-five cents, or -1.2 percent from the April 2012 hourly pay estimate. The resulting average private sector weekly pay was estimated at $943.03, down $34.52, or -3.5 percent over the year.
• The slow rate of job and income growth has had a significant impact on the payroll withholding component of the income tax.
• The Consumer Price Index (CPI) for all urban consumers was advancing at a 1.1-percent rate in April.
• Housing permits in Connecticut have continued to post strong gains coming into 2013. For the 12-month period ending in April, housing permits were close to 60 percent from the same period last year. This is almost double the national growth for the period.
• According to the Census Bureau, U.S. new home sales increased 29 percent from last March. Sales in the Northeast were up 3.4 percent from April of last year. Nationally sales in April were above March levels; in the Northeast sales declined in April.
• Results for the larger existing home sales market, according to the National Association of Realtors (NAR), were: Nationally, April sales were up 0.6 percent from the previous month, and sales were up 9.7 percent from April of last year. Home prices were up a solid 11 percent from one year ago. Prices have increased for 14 consecutive months for the first time since the 2005-2006 market acceleration. The median time a home was on the market was 46 days based on April data, down from 83 days a year ago. Existing home sales in the Northeast were up 1.6 percent on a month-over-month basis in April. Sales were up 4.9 percent from April of last year. Home prices in the Northeast were up 5.1 percent for the year to a median price of $245,100.
• At this writing, major equity markets are up over 100 percent since January 2009. Stocks are still trading close to historical medians of price to earnings at around 18 times earnings.

S&P:

Dow Industrial Average

Consumers

• April advance retail sales were up 3.7 percent from the same month one year ago. The strongest gains were in automobiles, and non-store retailers.
• The Conference Board’s Consumer Confidence Index hit a five-year high in May. Consumers were considerably more optimistic about the short-term outlook. Those expecting business conditions to improve over the next six months increased to 19.2 percent from 17.2 percent, while those expecting business conditions to worsen decreased to 12.1 percent from 14.8 percent.
• According to the Federal Reserve, consumer credit increased at a seasonally adjusted annual rate of 5-3/4 percent during the first quarter. Revolving credit was little changed, while non-revolving credit increased at an annual rate of 8 percent. In March, consumer credit increased at an annual rate of 3-1/2 percent.

 

Business and Economic Growth

• Based on advance estimates, real Gross Domestic Product grew at an annual rate of 2.5 percent in the 1^st quarter of 2013. This follows 4^th quarter growth of just 0.4 percent.
• First quarter corporate profit data will be released on June 26. Corporate profits advanced 6.8 percent in 2012 after growth of 7.3 percent in 2011. Net dividend distributions in the 4^th quarter of 2012 were up 23.2 percent from the same quarter a year ago.
• With respect to corporate financial reporting and related transparency issues, many investors are concerned with recent SEC rules that relax the reporting standards for subsidiary activity. At a time that investors and policy makers are seeking a more complete understanding of complex corporate structures and offshore activity, the new disclosure rules are moving in the opposite direction. This makes the work of institutional investors like state pension plans and federal and state tax policy analysts more difficult.

 

The SEC rules were discussed in a May 22 Wall Street Journal article. The Journal reported that some of the biggest U.S. companies have quietly removed hundreds of offshore subsidiaries from their public financial disclosures over the past several years. Software maker Oracle Corp., for instance, disclosed more than 400 subsidiaries in its 2010 annual report. By 2012 the list had been whittled to eight—five of which were located in Ireland. Oracle declined comment. Google went from over 100 subsidiaries reported in 2009 to zero. Microsoft, FedEx and Raytheon also shed hundreds of subsidiaries from their reporting.

The reporting change stems from SEC rules that demand disclosure only when the subsidiary activity is deemed “significant”. One result of the change is that companies limit information about offshore operations, in particular units operating in countries regarded as tax havens. For many investors, even small disclosures matter. Information about a company's subsidiaries can indicate whether its operations have diversified, how complex the company’s financial transactions may be, and how global income is moving. The lists of subsidiaries have been a reliable source for such information.

***END***

Tara Downes
Director of Communications
Office of the State Comptroller
860-702-3308

 

Bill would create early voting pilot program

As published in the Record Journal on Tuesday March 19, 2013

HARTFORD — Connecticut lawmakers are considering a bill that would create a pilot program for early voting in municipal elections.
While not fully drafted yet, the proposal is one of several bills being offered during this year’s legislative session to allow people to cast their ballots prior to Election Day.

Secretary of the State Denise Merrill testified in favor of the legislation on Monday before the General Assembly’s Government Administration and Elections Committee. Merrill said Connecticut needs to modernize its elections and provide more options for busy voters.

She said she has already asked several municipalities whether they would like to develop the idea further.

Associated Press

Invite - Informational Forum on State Budget

Senate Minority Leader John McKinney

Senate Minority Leader Pro Tempore Len Fasano

State Representatives Al Adinolfi and Vin Candelora

Host an Informational Forum on the Connecticut State Budget

Monday, March 18th 7PM – 8:30PM

Wallingford Public Library

Community Room

200 North Main Street • Wallingford

Event is open to the public

For more information, contact: Peggy Deschenes at Peggy.Deschenes@cga.ct.gov or 1-800-842-1421

Christopher F. Diorio
Senate Republican Office
Public Affairs
Legislative Office Building, Suite 3400
Hartford, CT 06106
Direct- (860) 240-8801
Fax- (860) 240-8306
chris.diorio@cga.ct.gov

State to seek more federal storm money

By Susan Haigh

Associated Press

HARTFORD — Connecticut officials plan to seek additional federal reimbursement for storm-related expenses incurred by the state and municipalities during the recent blizzard, saying their request is justified given the enormity of the storm.

Starting next week, the Department of Emergency Services and Public Protection and the Federal Emergency Management Agency will begin the process of collecting information from cities and towns about their costs, DESPP spokesman Scott DeVico said. That data will be included in an application by the state for a major disaster declaration by the federal government, a designation that could lead to more federal funds.

Connecticut received an emergency declaration by President Barack Obama shortly after the blizzard hit, which DeVico said is unusual for snowstorms. That declaration authorizes 75 percent federal reimbursement of certain storm-related costs over a 48 hour period. The major disaster declaration, however, would cover an additional 24 hours of costs.

“We feel that the impact of this storm on the state warrants us to get more than 48 hours of assistance and we will be making that case to the federal government,” DeVico said.A total price tag for the storm, which left up to 3 feet of snow in some places, has not yet been determined.

That was welcome news to Bridgeport Mayor Bill Finch, whose city was hit hard by the blizzard. Nearly all roads were not made passable until Thursday, six days after the storm arrived.

“We’ve had crews working around the clock,” said Elaine Ficarra, a spokeswoman for the mayor. She said city officials have not yet tallied up their costs.

“It’s an extraordinary event. It’s almost an extraordinary expense,” Ficarra said. “It’s probably going to be outside our normal realm of spending on a normal snowstorm.”

Jim Finley, executive director and CEO of the Connecticut Conference of Municipalities, said many of his member cities and towns are still trying to add up their costs from the massive storm. He said the hefty bills could cause cash flow problems for some municipalities, because even if the state is granted the additional federal reimbursement, it could be months before any checks are cut.

“The towns have fronted the money,” he said.

Brenda Bergeron, an attorney for DESPP, said some municipalities are just now receiving funds from 2011’s Hurricane Irene and the October 2011 snowstorm. Cities and towns have not yet been reimbursed for costs associated with Superstorm Sandy, which hit the state this past October. She said the federal reimbursement process can be time-consuming, requiring detailed documentation of certain costs.

The state Department of Transportation, meanwhile, has yet to total its costs from the blizzard, but it could be in the millions of dollars.

Judd Everhart, the agency’s spokesman, said DOT crews were on the job continuously, beginning at 4 p.m. on Friday, Feb. 8, and working through Tuesday night. That equates to about 100 hours.

DOT has 1,196 maintenance employees and it typically costs $95,000 an hour when there is a “full call out” of staff, as DOT had for this storm. Maintenance employees work 17-hour shifts, get a three-hour break and return for another 17-hour shift until the job is done, he said.

The agency budgeted $28.6 million for this winter season for snow and ice removal. Everhart estimates the state has probably spent 60 to 70 percent of that budget so far, perhaps more. If DOT goes over budget, he said funds can be moved from other accounts once the season ends.

Connecticut 85th State Assembly District Forum: Mary Mushinsky and Greg Bachand

Connecticut 103rd State Assembly District Forum: Alfred Adinolfi and Elizabeth Linehan

Connecticut 86th State Assembly District Forum: Vincent Candelora (2012)

Connecticut 90th State Assembly District Forum: Mary Fritz and Guy Darter (2012)

Connecticut State Senate 34th District Forum: Leonard Fasano and Steven Fontana (2012)

Connecticut Senate Debate: Linda McMahon vs. Chris Murphy - 10/7/12

Steve Fontana Democrat Candidate for State Senate 34th District

Steve Fontana Democrat Candidate for State Senate 34th District

Consider signing the Petition To Suspend the Early Release Program

The Early Release Program allows criminals who have committed violent crimes such as rape, arson, kidnapping, or sexual molestation of a child under 13 out of jail before their sentences are finished. 

The intention of the petition is to request to Governor Malloy that the program be suspended and order an investigation into how it is being administered and how it affects public safety. 

If you feel the same you may wish to sign the online petition.

Frankie Resto was one of the beneficiaries of the Early Release Program. Resto was imprisoned for armed robbery, but earned 199 days worth of “good behavior” credits under this policy. Resto was released early and has been accused of murdering a 70 year old convenience store owner in an attempted robbery of a Meriden EZ Mart in early June. 

The petition can be found on the Connecticut Republicans website via http://ctsenaterepublicans.com/2012/07/sign-my-petition-to-suspend-the-early-release-program/