Connecticut’s Rainy Day Fund Tops $3 Billion


TwitterFacebookCopy LinkPrintEmail
HARTFORD — A deposit into the state’s rainy day fund last week brought the balance to just over $3 billion, or 15.1 percent of net general fund appropriations, a record high according to Comptroller Kevin Lembo, that could be quickly depleted based on early revenue projections for fiscal year 2021. In his monthly financial update […]
  • Subscribe for just $15/year or $5/month
  • We'll never sell your personal information
  • Easy online cancellation
  • Ad-free reading