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Pew: CT’s rainy day fund is fifth strongest in the U.S.

Pew estimates that 28 states expect their rainy day fund balances to grow in fiscal 2021 from the previous year, increasing the national total by a net amount of $4.6 billion to a new high of $82.3 billion.

CT revenues projected to be stable, rainy day fund to grow...

Meanwhile, the state’s budget deficit is projected to grow from about $28 million to roughly $60 million, due in part to its recent settlement with state hospitals.