Saturday, December 3, 2022
Home Tags Budget Reserve Fund

Tag: Budget Reserve Fund

$911.9M surplus projected for the Connecticut General Fund

“Connecticut’s economy continues to improve,” said Lembo.

CT to pay down pension debt by $1.6 billion

It's the second year in a row – and just the second time in history – that excess money in the state’s Budget Reserve Fund will be used to pay down the pension debt.

State report says CT facing $4.3B budget deficit over next two...

The state's Special Transportation Fund could become insolvent by 2024, according to the nonpartisan Office of Fiscal Analysis.

CT treasurer warns against GOP’s transportation plan as debate over tolls...

Treasurer Shawn Wooden says that the Republicans' proposal "especially in the event of a possible future recession, creates serious liquidity, market and credit risks for the state.”

Connecticut wraps fiscal year $170.4 million in the red

It's the second consecutive year that the state posted a deficit.