To Fill Budget Gap, Connecticut Resources Recovery Authority Seeks Richer Clean Energy Subsidies

Nov 19th, 2013 | By | Category: General

By BRIAN DOWLING

No state burns as much of its trash as Connecticut does. Every day, six trash-to-energy plants burn about 5,600 tons of refuse, at least two-thirds of everything thrown away.

But the largest player in this decades-old system has run into serious problems. The Connecticut Resources Recovery Authority faces a $10 million deficit in three years, driven by sales trends that are not expected to reverse any time soon, according to an audit of the quasi-public agency’s operations.

For more on this story, visit: To Fill Budget Gap, Connecticut Resources Recovery Authority Seeks Richer Clean Energy Subsidies – Courant.com.

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The Connecticut Resource Recovery Authority, the state’s quasi-public trash authority, must generate new sources of revenue if it is to be financially viable, according to a report released last Friday by auditor Cohn-Reznick, LLP.

New Revenue Streams

In addition to finding new revenue streams, the CRRA must also find means of reducing costs to plug the gap between its operating expenses and income.

The CRRA, which serves 75 towns in all, contracts for trash disposal and recycling with 18 communities in western Connecticut, including Torrington and most of the towns in the Northwest Corner.

For more on this story, visit: Connecticut Resource Recovery Authority Needs More Revenues – News – The Litchfield County Times.

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