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REX Executive Directors Reports 2019

REX Executive Directors Reports 2018

SCRCOG Demographic and Socioeconomic Trends Report May 2018

scrcoglogosm  Click here to review the South Central Regional Council of Governments 2018 Demographic and Socioeconomic Trends Report.

2018 Commission on Fiscal Stability and Economic Growth

Final report from the 14-member Commission on Fiscal Stability and Economic Growth, which was created as part of the biennial budget for fiscal years 2018-19 (Conn. Acts 17-2 (June Special Session)).

The Commission, which was required to disband by March 1 according to the biennial budget, made the following 10 recommendations in its final report, which was unanimously adopted on March 1 and sent to the governor and the General Assembly. Read More

  1. Enact a revenue neutral rebalancing of state taxes (which becomes revenue positive when coupled with economic growth) that reduces income taxes in every bracket, selectively raises taxes on business, raises the sales tax rate by less than 1%, cuts exemptions and exclusions from all taxes by 14%, and eliminates the dwindling estate and gift taxes.
  2. Raise the gas tax to fund transportation projects and produce a plan for eventual implementation of electronic tolls.
  3. Create a Joint Budget Committee of the legislature with the power to set limits on revenues and expenses.
  4. Have the legislature assume the responsibility to define state employee fringe benefits by removing them from collective bargaining for new contracts.
  5. Amend binding arbitration laws to permit award of compromise outcomes.
  6. Develop and implement a plan to cut $1 billion out of annual operating expenses.
  7. Reform the Teachers' Retirement System to lower costs and to make it sustainable by paying down unfunded liabilities.
  8. Reinvest in transportation and cities, and build a major new STEM campus in one city in partnership with a major research university.
  9. Undertake a series of growth initiatives, led by the executive branch, with the funding and support from the legislature to (1) develop and retain the workforce Connecticut needs, (2) support the growth of Connecticut's highest-potential economic sectors and (3) transform the business environment for entrepreneurship and innovation.
  10. Diversify municipal revenue streams beyond the regressive property tax and stimulate regional service delivery.
Read More

CERC Town Profiles 2018

cerctownprofiledotBethany       cerctownprofiledotGuilford       cerctownprofiledotMeriden       cerctownprofiledotNorth Branford         cerctownprofiledotWallingford
cerctownprofiledotBranford   cerctownprofiledotHamden   cerctownprofiledotMilford   cerctownprofiledotNorth Haven   cerctownprofiledotWest Haven
cerctownprofiledotEast Haven    cerctownprofiledotMadison 
  cerctownprofiledotNew Haven    cerctownprofiledotOrange   cerctownprofiledotWoodbridge

Source: CERC Town Profiles, retrieved from https://www.cerc.com/Content/Town_Profiles.asp 

2017 REX Year in Review

2017rexyearinreview
Click here
for the REX Development 2017 Annual Report.