News: Connecticut
Posted: September 20, 2012
CT's bond authorization availability for 2012-2013
CT's Office of Fiscal Analysis (OFA) recently issued the state's bonding allocation available for Fiscal Year 2012-2013. CT's Fiscal Year began July 1. The 37-page Bond Allocation listing details on how much money is available for projects scheduled as part of CONNDOT's, Dept. Construction Services' DEEP's Clean Water Funding, DECD, Judicial, etc.
As examples, the remains over $37 million in unallocated bonding for courthouses in Litchfield and Torrington. Bonding is also designated to local housing, environmental remediation, and urban upgrades. The Bond Allocation List indicates that unallocated general obligation bonds total $3.5 billion and $256 million in Clean Water Revenue Bonds for FY 2012-2013.
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