budget surplus

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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. That’s higher than had earlier been anticipated. 

Connecticut lawmakers chose leaders on key issues at the capitol in Hartford.
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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 Friday.

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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 surplus is now nearly four times what the Malloy administration had projected just a month ago.