Gov. Dannel P. Malloy’s budget chief says he plans to adhere to his boss’ campaign promise not to raise taxes in Connecticut’s new two-year state budget.
State Comptroller Kevin Lembo is projecting a $300,000 surplus for the state for Fiscal Year 2015.
Governor Dannel Malloy has signed the state budget.
State lawmakers reached a midnight deadline on Wednesday to close out an election-year legislative session marked by disagreement over whether Connecticut’s economy is finally improving after the recession.
Connecticut lawmakers were tying up loose ends Tuesday on a new state budget, with the General Assembly passing a $953 million bonding package that includes millions of dollars for pre-kindergarten classrooms, drinking water projects and preservation of a 1,000-acre forest.
According to new numbers from the state comptroller, Connecticut’s surplus for the current fiscal year stands at almost $246-million.
State Comptroller Kevin Lembo is predicting a state surplus of more than $312 million for the fiscal year which ended June 30.
Gov. Dannel P. Malloy has signed a new, two-year $44 billion budget into law, saying the plan contains no new taxes.
Connecticut lawmakers are taking up bills that spell out details of the new two-year, $44 billion state budget bill that awaits Gov. Dannel P. Malloy’s signature.
Connecticut Gov. Dannel P. Mallloy says he and legislative leaders have agreed to an outline for a state budget that he says does not impose new taxes but may extend taxes set to expire.