CT Budget

Connecticut officials project the state will end its fiscal year in June with a $136.3 million budget surplus, about $28 million less than projected last month, according to Comptroller Sean Scanlon.

Connecticut Gov. Ned Lamont and state lawmakers reached a deal on the state’s $55 billion two-year budget by agreeing to scrap a child tax credit for the middle class.

Connecticut’s General Assembly voted on Monday to exceed the state’s spending cap for the first time in nearly two decades to fix a $300 million Medicaid shortfall this year.

Connecticut Democratic legislative leaders want Gov. Ned Lamont to declare a fiscal emergency. They believe it's needed to deal with the current $200 million shortfall in Medicaid funding.

Connecticut Gov. Ned Lamont confirmed on Monday afternoon that he planned to line-item veto two pieces of legislation that the General Assembly passed in his absence.

Connecticut Gov. Ned Lamont presented his budget proposals last week, including $157 million for nonprofits over the next two years. That's an increase from the current state budget cycle — but the sector is also dealing with the loss of millions of dollars in pandemic-era federal funding.

Connecticut Gov. Ned Lamont (D) presented his $55.2 billion biennium budget to the General Assembly on Wednesday, which includes free pre-K for families earning less than $100,000, $500 million for new schools, and waived licensing fees for certain professionals.

Connecticut Senate Republicans announced a broad tax cut proposal ahead of Democratic Gov. Ned Lamont’s presentation of his two-year budget plan to lawmakers on Wednesday.

Connecticut Gov. Ned Lamont will propose more money for special education in his next two-year budget, which will be presented to lawmakers on Wednesday.

CT Gov. Ned Lamont gave a sneak peek into his upcoming budget proposals at an annual breakfast with state business leaders on Wednesday morning, revealing that he may increase the spending cap by $1 billion.