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New Haven Mayor Justin Elicker said a $17 million surplus and the upgrade to its credit rating mean the city's finances are improving.
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Connecticut Governor Ned Lamont praised a historic $3.1 billion transfer of the state’s operating surplus into its budget reserve fund.
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According to the revised figures released by the state’s budget office, Connecticut ended its 2022 fiscal year on June 30 with a $1.3 billion surplus.
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The strong U.S. job numbers released for June have eased concerns about an imminent economic downturn. But if one were to happen, Connecticut is in good shape, said Governor Ned Lamont.
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Connecticut officials project the state will end its fiscal year on June 30 with an additional $86.2 million budget surplus. That’s more than had been projected just a month ago.
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Suffolk county remained the worst county in the metro area for ozone air pollution.
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Surging state tax collections have pushed Connecticut’s budget surplus to nearly $4 billion. That has prompted Republicans to call for $1.2 billion in new tax cuts; Democrats dismiss that.
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Connecticut’s new revenue consensus figures from April show the state on track to end its fiscal year on June 30 with a $250 million budget surplus.…
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Despite the ongoing coronavirus pandemic, Connecticut appears on track to end the current fiscal year with a surplus, according to new figures released…
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Connecticut Democratic Governor Dannel Malloy announced on Tuesday that the state ended its fiscal year in June with a $121.3 million budget surplus. The…