CT's transportation building program is stuck in first gear

Though overall revenues for the budget's Special Transportation Fund grew 22% over the course of Gov. Ned Lamont's first term, bonding to finance highway, bridge and rail upgrades barely increased. Annual transportation bond issuances averaged $725 million during Gov. Dannel P. Malloy’s last term but rose just 2.6% to $743.8 million during Lamont’s first four years in office. Click on the tabs to show bonds issued or total revenues.

* 2023 figures are projections. Fiscal years 2015-2018 were under Gov. Dannel P. Malloy; fiscal years since 2019 are under Gov. Ned Lamont.
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