budget surplus

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.

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.…

Despite the ongoing coronavirus pandemic, Connecticut appears on track to end the current fiscal year with a surplus, according to new figures released…

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…