Comptroller Projects $239.6 Million Combined Surplus For FY2025 General Fund, Special Transportation Fund
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Comptroller Sean Scanlon at Zohara in West Hartford discussing the state-sponsored retirement program, MyCTSavings. August 5, 2024. Photo credit: Bridget Bronsdon (we-ha.com file photo)
The General Fund’s surplus is lower than expected but revenue projections are $148.6 million higher than budgeted, partially offsetting projected higher-than-expected expenditures.
By Doug Hardy, CTNewsJunkie.com
Comptroller Sean Scanlon is projecting surpluses of $113.2 million for the General Fund and a $126.4 million for the Special Transportation Fund for Fiscal Year 2025, according to his monthly update.
Scanlon said both surpluses are in “general agreement” with the projections from the Office of Policy and Management.
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