Deficit

Kevin Lembo (Courtesy Office of the State Comptroller)

State Comptroller Releases New Deficit Projections

(Hartford, Conn/CBS Connecticut) – The state comptroller’s office is out with figures regarding the budget deficit. Kevin Lembo says with reductions announced in January, the state is on track to end the fiscal year with […]

02/02/2015

Connecticut State Capitol (WTIC's Michael Guerrera)

State Deficit On The Rise

HARTFORD, Conn. (AP) _ Gov. Dannel P. Malloy’s budget office predicts Connecticut’s main spending account will end this fiscal year $120.9 million in deficit. In a letter sent Tuesday to Comptroller Kevin Lembo, the Office […]

01/20/2015

Kevin Lembo (Courtesy CT-N)

Comptroller: State Deficit Down By $13.2 Million

HARTFORD, Conn. (AP) – State Comptroller Kevin Lembo says Connecticut is on track to end the current fiscal year with a $31.6 million budget deficit. In a letter to Gov. Dannel P. Malloy released Friday, […]

01/02/2015

CT state capitol

State Deficit Forecast

(HARTFORD,Conn./CBS Connecticut)   –   The state is on track to end the current fiscal year,June 30, with a $44.8 million deficit.The is the latest  consensus  revenue forecast  by the Office of Policy and Management and the […]

12/01/2014

Connecticut State Capitol (WTIC's Michael Guerrera)

Budget Advisor Says State’s Economy Is Improving

A top budget adviser to Democratic Gov. Dannel P. Malloy said Friday that Connecticut’s economy is showing signs of improvement despite a projected $99.5 million revenue shortfall this year and projected $1 billion deficits in each of the next three fiscal years.

11/21/2014

Connecticut's Capitol (Matt Dwyer/WTIC Photo)

Governor Puts State’s Debt At $64.6 Billion

Democratic Gov. Dannel P. Malloy’s budget office says Connecticut’s overall state debt has been reduced 15 percent during his three years in office, or $11.6 billion.

01/09/2014

U.S. Capitol (Win McNamee/Getty Images)

Connecticut’s Elected Officials React To Capitol Compromise

A number of Connecticut’s elected officials issued statements on the Congressional compromise on the debt ceiling and government shutdown.

10/16/2013

File Photo,  Danel Malloy (Alex Wong/Getty Images)

Governor Malloy On The Compromise

Governor Dannel P. Malloy released the following statement in advance of an expected vote in the U.S. Senate and House to reopen the federal government and temporarily increase the government’s statutory borrowing authority: “While I […]

10/16/2013

State Capitol (Matt Dwyer/WTIC Photo)

Comptroller’s Deficit Projection at $131.3 Million

The state comptroller has pegged the state deficit projected for fiscal year 2013 at 131.3 million dollars, little changed from a month ago.

03/01/2013

State Capitol (Matt Dwyer/WTIC Photo)

Comptroller: $100 Million Added To Deficit In Last Month

Connecticut’s projected deficit for the current fiscal year is up about $100 million in the last month, according to the latest projection from Comptroller Kevin Lembo.

02/01/2013

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