- Biggest increase was $25m in unclaimed property revenue
- Connecticut has increased fiscal year revenue estimates since June by more than $1b as all major revenue categories exceed projections
- Estimated spending has increased by $365m
- Rainy day fund is equal to about 19% of general fund spending and exceeds 15% statutory cap
- Excess funds will be transferred to state pensions
- “Significant” collections on capital gains...
April 21, 2021, 2:22 PM