New budget figures show Connecticut deficit has grown - WFSB 3 Connecticut

New budget figures show Connecticut deficit has grown

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Deadline looms in state's budget battle (WFSB file photo) Deadline looms in state's budget battle (WFSB file photo)
HARTFORD, CT (AP) -

Connecticut's budget problems have worsened once again.

New state revenue estimates, revealed Friday evening by Democratic Gov. Dannel P. Malloy's budget director, show the current fiscal year is projected to end June 30 about $256 million in deficit. That's up from a $141.4 million estimate released just last week.

Meanwhile, the projected budget deficit for next fiscal year, which legislators and Malloy are struggling to fix before Wednesday's legislative adjournment deadline, has grown to $960 million, up from $922 million. In January, the deficit for 2016-17 was projected to be $570 million, but income tax and other revenue collections have steadily worsened.

Ben Barnes, Malloy's budget director, said the new figures mean the fixing the deficit "got a little harder."

The new revenue projections were agreed upon by the governor's and legislature's budget offices.

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