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With $1.56 billion in federal funds coming for local towns, the Connecticut Conference of Municipalities has established a special advisory committee to recommend how to spend the money.
Under the stimulus package approved by Congress and signed into law by President Joe Biden, the money will be set aside for general government purposes across the state. In addition, nearly $1 billion will be allocated separately for Connecticut public schools.
The federal funding is unprecedented, and local officials are looking for the best advice on spending the money.
Overall, $6.2 billion will be coming to Connecticut. That includes $2.6 billion for state government over three years, including $1.75 billion that will go directly into the state budget over the next two years. Lawmakers said the additional federal money will help the state avoid deficits in the two-year, $46 billion budget that still must be negotiated by the legislature and signed into law by Gov. Ned Lamont in the coming weeks.
The 13 members of CCM’s advisory group are:
Fred Carstensen, professor of finance and economics and director of the Connecticut Center for Economic Analysis at the University of Connecticut
Gian-Carl Casa, chief executive officer, Connecticut Community Nonprofit Alliance
Chris DiPentima, chief executive officer, Connecticut Business & Industry Association
John Glascock, professor of real estate and finance, and director of the Center for Real Estate and Urban Studies at the University of Connecticut
Gene Goddard, chief business investment officer at the MetroHartford Alliance
Dale Graver, regional director at VC3
Eric Gjede, vice president for government affairs at the Connecticut Business & Industry Association
Courtney Hendricson, vice president of partnerships at AdvanceCT
Patrick McMahon, chief executive officer at Connecticut Main Street Center
Brig Smith, general counsel for the city of Middletown General Counsel and president of Connecticut Association of Municipal Attorneys
Norm Needleman, state senator and first selectman of Essex
Carl Fortuna, first selectman of Old Saybrook
David Demchak, chief executive officer of Connecticut Interlocal Risk Management Agency