Connecticut’s Economy Growing at Faster Pace
Connecticut’s financial picture appears to be brightening somewhat, Gov. Dannel P. Malloy’s budget director told state lawmakers Tuesday.
Connecticut’s financial picture appears to be brightening somewhat, Gov. Dannel P. Malloy’s budget director told state lawmakers Tuesday.
Connecticut’s main spending account has a projected surplus, for now.
Gov. Dannel P. Malloy’s budget office is predicting last fiscal year will close out with a nearly $505 million deficit.
The state’s Office of Policy and Management (OPM) is predicting a $200,000 surplus for the 2017 budget, according to a recent letter to Comptroller Kevin Lembo.
Gov. Dannel P. Malloy’s administration released a plan Tuesday to privatize 40 group homes and other services for people with developmental and intellectual disabilities, a move the union representing hundreds of affected state employees warned will “decimate” the state of Connecticut’s ability to provide services to the disabled.