Meanwhile, back in Hartford – The State of Connecticut to save $200 million by spending $120 million - Wait, What?

Meanwhile, back in Hartford – The State of Connecticut to save $200 million by spending $120 million - Wait, What?:

Meanwhile, back in Hartford – The State of Connecticut to save $200 million by spending $120 million

by jonpelto

Or, as the Hartford Courant’s real estate reporter explained in a paragraph that I’m still trying to interpret, “The state expects to save $200 million, adjusted for inflation, over the next 20 years. The savings is roughly $100 million in today’s dollars.”

But that statement aside, here are the facts;

On Thursday the State Bond Commission will meet to authorize the state to borrow the funds necessary to purchase the Connecticut River Plaza office complex for $34.5 million and 55 Farmington Avenue for $18 million.

Over the next two years, about 3,300 state employees will be moved from their present 

And in Bridgeport, the wanton disregard for the law continues

by jonpelto

Or, as the Hartford Courant’s real estate reporter explained in a paragraph that I’m still trying to interpret, “The state expects to save $200 million, adjusted for inflation, over the next 20 years. The savings is roughly $100 million in today’s dollars.”

But that statement aside, here are the facts;

On Thursday the State Bond Commission will meet to authorize the state to borrow the funds necessary to purchase the Connecticut River Plaza office complex for $34.5 million and 55 Farmington Avenue for $18 million.

Over the next two years, about 3,300 state employees will be moved from their present