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State Budget Deficit Up Another $50 Million

Officials for Gov. Dannel P. Malloy disagree with the Connecticut comptroller's deficit figures, but acknowledge they must now file a deficit mitigation plan with the legislature.

State Comptroller Kevin P. Lembo says the state's ballooning budget deficit has jumped by another $50 million, bringing the official deficit figure today to $415 million.

However, because of a technical accounting glitch, Lembo's office has not factored in to that figure Gov. Dannel P. Malloy's recently ordered budget cuts, the Connecticut Mirror reports.

When those cuts are calculated, the website reports, it brings the actual deficit closer to $290 million.

Malloy's office, meanwhile, is questioning Lembo's deficit figures. Malloy officials say they don't believe the deficit is as high as Lembo is estimating, but offered no reason for why they don't agree with the comptrollers calculations, the Mirror reports.

Lembo said the state's budget woes are, in part, the result of higher than expect spending on Medicaid. Malloy has said he will file a deficit mitigation plan with the legislature before year's end. He has blamed the state's fiscal problems on the enduring and lingering impacts in Connecticut of the nation's economic downturn.

In an effort to lower the deficit, Malloy last week announced $170 million in budget cuts, the maximum allowed by a governor without needing legislative approval. 

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Share something with your neighbors. Write a new post... What's up? Make an announcement, speak your mind, or sell something
BuckWheat May 23, 2013 at 08:47 am
Its important the people learn how to treat our flag, many of our veterans have made the ultimateRead More sacrifice for our country and flag. Don't leave it out all night long, don't drag it on the ground while putting it up etc.
Olga Konyukhova May 20, 2013 at 01:03 pm
Thank you, I will! We all miss him and hope he'll find his way home.
Jaimie Cura (Editor) May 20, 2013 at 11:28 am
Sending all the best vibes your way. I shared your post on Facebook and Twitter. Keep us posted,Read More Olga!
BuckWheat May 19, 2013 at 04:28 pm
Oh dont you worry, were gonna vote, but not going to vote to increase taxes thats for sure. Do withRead More what you have.
Steven DeVaux May 19, 2013 at 08:16 am
I would recommend supporting an increase similar to Ridgefield's which was under 2% (1.97%). If aRead More community like Ridgefield can perform at high levels with an increase under 2%, the Board of Education, in asking for almost twice that is openly admitting that they have installed inefficient management in school administration. Further, the sewer system on the referendum will require municipal funding since it is backed by the full faith and credit of the town of Brookfield and reduces the town's borrowing ability - the advertisement for which indicated it would not impact municipal funding.
Steven DeVaux May 19, 2013 at 06:52 am
So Mandarin Chinese won't be a requirement? Perhaps Manchurin Chinese? Cantonese Chinese? MongolianRead More Chinese? Which Chinese are the British speaking these days? Their empire stretched in the Hindu speaking parts of Asia but they aren't teaching Hindu. A quandry indeed.