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Rainy Day Fund


Comptroller: State Surplus Grows

(Hartford, Conn./CBS Connecticut) – Connecticut’s budget surplus for the current fiscal year continues to grow. According to state Comptroller Kevin Lembo, Connecticut is poised to end FY 2014 with a surplus of $504.9 million. Lembo, […]


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

Malloy’s Proposed Use Of Surplus Includes Tax Refunds, Payment To Pension Fund, Enhancing Rainy Day Fund

Governor Dannel Malloy has announced his proposal for use of the state’s $505 million dollar surplus.


(Courtesy Department of Social Services)

2013 Surplus Put At $312 Million As Revenue Continues To Come In

State Comptroller Kevin Lembo is predicting a state surplus of more than $312 million for the fiscal year which ended June 30.