I hope you’ve been following CT-N to watch our dysfunctional legislature in recent weeks as they struggle to fill a $900-million budget gap. Not only could they not get a new budget together before adjourning (only to be summoned back mid-May for a special session), but the legislative logjam left several important measures in limbo. Among them, the long-debated “lock box” for special transportation funding.
As I wrote weeks ago, none of Gov. Malloy’s plans to spend $100 billion to rebuild and expand our transportation systems over the next 30 years can go anywhere without an agreement to safeguard those funds from misappropriation by putting them in an untouchable “lockbox.”
Because the legislature couldn’t pass such a bill or even put it on the ballot as a potential constitutional amendment referendum, that puts the entire Malloy plan on hold. Without a lockbox, nobody trusts Hartford with money raised by tolling or taxes, nor should they.