Connecticut’s Budget Is on Track to End The Year with $2.3B Surplus

State Capitol. CTNewsJunkie.com file photo

On Wednesday, state Comptroller Natalie Braswell certified that $2.8 billion captured from volatile revenue sources during 2022 is now available to pay down pension debt.

By Christine Stuart, CTNewsJunkie.com 

Connecticut’s budget continues to spill black ink, while Republicans argue that some of that surplus should go back to taxpayers.

The Office of Policy and Management reported that Connecticut will end the year with a $445 million surplus, which is up $146 million over the $299 million surplus built into the budget approved in May.

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