June 23, 2016
2016 Legislative Session Wrap-Up
2016 CCIC Legislative Summary
The legislature convened on Monday for a one-day veto session that wraps up business for the 2016 session. CCIC has composed a summary of legislation passed this year that impacts CCIC Member Institutions and highlights other relevant laws passed during the 2016 regular legislative session and the subsequent Special Session. View the complete 2016 legislative summary here.


Budget Update
The $19.76 billion budget adopted by the legislature on May 13th and subsequently signed by the Governor contained no tax increases, large budget cuts and significant state employee layoffs. 
 
When the Governor proposed his budget at the start of the session in February, the FY 17 budget deficit was estimated around $570 million. The Governor proposed across the board cuts of most line items of approximately 5.75% and consolidated a significant number of line items within many agencies, including the Office of Higher Education, to a single “agency operations” fund in an effort to give Commissioners more discretion to control spending and costs.
 
Unfortunately the budget deficit projections increased during the session to $960 million. The current fiscal year budget also required adjustments as shortfalls kept widening and continue to do so due to eroding state income tax receipts.
 
The final version of the FY 17 budget signed into law includes $830 million in cuts and $100 million in fund transfers plus some expected revenue from judicial settlements. The Governor’s proposal to consolidate line items within the Office of Higher Education’s budget was not adopted.
 
Some specific budget line items of note are below.  Click here to view the complete bill summary of the budget.
 
 Budget Item   FY 16 Appropriation  FY 17 Original  Appropriation  FY 17 Adjusted  Appropriation
 PILOT for Colleges & Hospitals  $125,431,737  $125,431,747  $114,950,770
 Governor’s Scholarship Program  $39,638,381  $41,023,498  $37,363,944
 Minority Advancement Program (MAP)  $2,188,526  $2,188,526  $1,845,041
 
 
Matter of Fact

CCIC Member Institutions award more than half of the state's degrees
in industries that are key to 
Connecticut's economic health.

 
Campus Updates
 
College Dreams Come Alive For Hartford Youth Scholars at Trinity College, University of Hartford and other Institutions

Sacred Heart Students Serve As Mentors To Bridgeport Middle Schoolers





 
Higher Education Headlines
 

College graduation rates rise, but racial gaps persist and men still out-earn women

Scorecard for Accreditors

Logging Off, Dropping Out


 

Pullman & Comley, with over 80 lawyers, practices business, public finance, litigation, labor and employment, energy, environmental, and real estate law.  Pullman has served as bond counsel or counsel to underwriters or trustees in CHEFA financings for CCIC members; has represented CCIC members in litigation; and represents not-for-profit entities in corporate governance matters.

CCIC invites you to connect with Pullman & Comley at www.pullcom.com

Copyright © 2016 Connecticut Conference of Independent Colleges, All rights reserved.


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