State Comptroller Kevin Lembo says the state budget deficit will reach at least $415 million when the fiscal year ends next June.
Lembo released his new estimate Monday and informed Gov. Dannel P. Malloy that the deficit exceeds 1 percent of total general fund appropriations. The benchmark requires a deficit reduction plan within 30 days.
The state Office of Policy and Management has estimated the deficit at $365 million. Lembo says the difference is due to different projections for higher education spending. This year's state budget totals $20 billion.
Officials attribute much of the deficit to higher Medicaid costs.
Malloy has announced $170 million in spending cuts. Lawmakers are expected to take up the deficit at a special session.
Connecticut GOP chairman Jerry Labriola Jr. said the deficit reflects Malloy's "gross mismanagement."
Copyright 2012 The Associated Press. All rights reserved.
Sunday, August 31 2014 3:28 PM EDT2014-08-31 19:28:29 GMT
Disturbing pictures of an injured kindergartner from Pascagoula have made a mother's call for action go viral online.More >
Disturbing pictures of an injured kindergartner from Pascagoula have made a mother's call for action go viral online. Friends and family of a Pascagoula kindergarten student have created a Facebook page and GoFundMe.com account claiming the girl was attacked on the playground this week by another student.More >
Sunday, August 31 2014 4:12 PM EDT2014-08-31 20:12:10 GMT
CONWAY, SC (WMBF) – Dozens of videos are all over Twitter from parties held at Coastal Carolina University. Many of the posts lead back to a group called I'm Shmacked. It makes videos at universitiesMore >
Dozens of videos are all over social media from parties held at Coastal Carolina University.More >