Thank you!
Your support is sustaining the future of local news in our communities.

Malloy: revenues are down

HARTFORD — The state Office of Policy and Management (OPM) and the Office of Fiscal Analysis (OFA) say the state has lost revenues since implementing its 2011-13 budget, but Gov. Dannel P. Malloy has vowed to finish the current fiscal year “in the black.”Malloy has directed OPM Secretary Ben Barnes to develop a budget management plan that will limit spending to available resources in fiscal year 12.“I am in receipt of your letter and report dated Jan. 17, 2012, regarding the consensus revenue estimates,” Malloy wrote in a letter to Barnes, also dated Jan. 17. “Based on the information provided and our discussion, I have very serious concerns that the anticipated drop in income revenue threatens our ability to remain in balance. ... Therefore we must take corrective actions.”Malloy said in a follow-up statement that the effects of major adjustments to the state budget are still playing out.“Last year at this time, we were staggering under the weight of a $3.5 billion deficit,” he said. “As a result of the actions we took last year, we eliminated that deficit, and we did it honestly. All today’s announcement means is that, as is the case in other states with high wage earners, fourth-quarter revenue is coming up short of expectations. That’s why today, I’ve instructed Secretary Barnes to pare back on current year expenses. But let there be no confusion — we will end the current fiscal year in the black, and in a more stable fashion than this state has seen in many years.”The agencies today announced an agreement on consensus revenue that shows a decline of $94.9 million in fiscal year 2012, or one-half of one percent of the annual budget. Additionally, the estimates for fiscal year 2013 show a decline of $139 million, or seven-tenths of a percent of the annual budget. According to OPM, the decline in revenue is almost entirely due to a decline in income tax revenue, particularly among higher income taxpayers who file quarterly returns, a trend that is occurring in New York, New Jersey, Massachusetts and California. The most likely explanation is that taxpayers are shifting capital gains and income as a result of uncertainty at the federal level, including uncertainty surrounding the extension of the Bush-Era tax cuts. Declines in bonus levels in the financial service industry were also cited as a contributing factor.The fiscal year 2013 consensus revenues will be the basis for the governor’s mid-term adjustments, which will be announced Feb. 8.

Latest News

Marilyn Josephine Kay

Marilyn Josephine Kay

MILLERTON — Marilyn Josephine Kay (Masterson), 93, whose life was characterized by a quiet strength, graceful and cheerful presence, enduring athleticism and an abiding community spirit, passed away peacefully on June 11, 2026, in Minneapolis, Minnesota. A long-time resident of Millerton, New York with her late husband and local veterinarian Kent Kay, DVM, Marilyn spent her final years surrounded by the love and care of her Minnesota family.

Born Feb.19, 1933, in New York City, Marilyn was the youngest of four daughters. Raised by a single mother, Marilyn learned early on the values of independence and determination—traits that would define her entire life. She excelled academically and athletically, attending Hunter College and channeling her passion for movement into work as a physical education teacher.

Keep ReadingShow less

Natacha (Nathalie) Kondratiev

Natacha (Nathalie) Kondratiev

MILLBROOK — Natacha (Nathalie) Kondratiev was born on August 4 1960 in New York City. She grew up, with her five siblings, in Flushing, NY. Natacha went to school at the Lycée Français in New York City. She spent many summers in France with her family where she was able to indulge her love of horses daily, almost to the exclusion of all else. She loved horses from early childhood, and that love dominated her life until the very end.

Natacha went to NYU with the intention of studying for a degree in veterinary medicine but switched majors and received a BA in French. She continued her love for horses in her late teens by taking riding lessons from professionals at Waterfall Farm in Danbury, Connecticut. When Paul Okolowicz moved Waterfall Farm to North Mabbettsville Road in the Millbrook Hunt Country, Natacha followed him there, eventually becoming employed as groom and riding instructor.

Keep ReadingShow less

Jeremiah Joseph Larsen

Jeremiah Joseph Larsen

HARWINTON — Jeremiah Joseph Larsen, 44, of 274 Litchfield Rd. died Sunday June 14, 2026 at the Yale New Haven Health Center in New Haven. Jeremiah was born May 9, 1982 in Bristol, CT. He was the son of Jeffrey L. and Ruth M. (Wilkinson) Larsen of Harwinton, CT

Jeremiah graduated from Lewis Mills High School in Burlington. He worked for several local landscapers in the Northwest Corner including Leno’s Lawn Service, Green Acres Landscaping and most recently Paul Kaminski Landscape Management in Harwinton. Jeremiah was an avid hunter and fisherman. He loved spending time with his two sons, Hayden and Finn Larsen, of East Canaan, CT and extended family. He and his ex-wife Jessica Strattman continued to work closely to provide the best for Hayden and Finn. Jeremiah also was known for his love of cutting grass.

Keep ReadingShow less
google preferred source

Want more of our stories on Google? Click here to make us a Preferred Source.

Donald Harry Duncan

Donald Harry Duncan

MILLERTON — Donald Harry Duncan, 78, a lifelong area resident died peacefully on Tuesday, June 16, 2026 at his home in Millerton, NY, surrounded by his loving family. Beloved husband of Sharon E. (Drake) Duncan and loving father of Bruce, Alex and Steven Duncan, adored grandfather of Sydney, Chelsea, Bailey, Gabriel, Ariana, Braeden and Tony and caring brother of Patricia Flood and James Duncan.

Visitation will be held on Wednesday July 1, 2026 from 11am to 12pm at South Amenia Presbyterian Church, 229 South Amenia Road, Wassaic, NY 12592. A funeral service will begin at 12pm at South Amenia Presbyterian Church. Reverend Zora Cheatham will officiate. A communal reception in Don’s honor will be held immediately following the service in the fellowship hall next door to the church. Burial at Irondale Cemetery will take place in the future. To send an online condolence to the family, flowers to the service or to plant a tree in Don’s memory, please visit www.conklinfuneralhome.com Arrangements have been entrusted to Scott D. Conklin Funeral Home, 37 Park Avenue, Millerton, NY 12546.

Fallen tree downs power lines, blocks Route 112

Eversource crews work to repair damaged power lines after a tree fell near onto Route 112 just north of the Interlaken Inn on Monday, June 22.

Photo by Nathan Miller

LAKEVILLE — A tree fell on Route 112 Monday, June 22, downing power lines and blocking traffic north of Route 41 near the Hotchkiss Four Corners.

Eversource crews on scene at 4:45 p.m. said power lines were being repaired and utility service had been restored to customers in the area.

Keep ReadingShow less

Francis Lynehan

Francis Lynehan

DOVER PLAINS — Francis “Butch” Lynehan, 75, a twenty-year resident of Dover Plains, New York, formerly of Sharon, passed away unexpectedly on Thursday, May 7, 2026 at Vassar Bros. Medical Center in Poughkeepsie, New York.

Born Aug. 29, 1950, in Sharon, he was the son of the late William W. and Nellie (Kluun) Lynehan.

Keep ReadingShow less
google preferred source

Want more of our stories on Google? Click here to make us a Preferred Source.

google preferred source

Want more of our stories on Google? Click here to make us a Preferred Source.