The State Bond Commission borrowed $333 million in general obligation bonds Thursday, during its first meeting of the year and its first entirely in-person meeting since the outset of the COVID-19 pandemic. The panel moved quickly through its 24-item agenda, which included bonding for transportation upgrades, IT upgrades, and grants to support town construction projects. The bipartisan commission approved the items with minimal discussion. The bonding approved Thursday leaves the state about $400 million below the roughly $2 billions bonding cap for the fiscal year. Lamont said he expects the commission to meet again in June. For much of the last week, press aides to state legislators from both parties have sent out news releases highlighting the impact that the newly released bond funding would have on communities and districts across the state.
