Posted inState Budget

Increased Tax Collections Boost Connecticut’s Bottom Line

Connecticut’s budget surplus has grown by $231 million due mostly to increased tax collections, according to the latest monthly report from state Comptroller Natalie Braswell.  Connecticut’s tax collections and other revenue grew by $157.8 million driven by a strong labor market, and a $73.3 million reduction in budgeted net expenditures. But that doesn’t mean there’s […]