Page 14 - Fiscal Analysis News Today

Connecticut officials are projecting that the state will continue to have a significant budget surplus for the next four years.

Connecticut is on track to gain tax receipts faster than its debt grows in 2023-24 — meaning money for other priorities may become available.

Connecticut is projected to gain tax receipts faster than its debt grows over the next budget cycle — and the trend may last longer than that.

“If you sat through this report in previous years, you would see a lot of red numbers here,” Neil Ayers, who heads the legislature’s nonpartisan Office of Fiscal Analysis, told the Appropriations and Finance committees in a joint hearing.

Connecticut’s Office of Policy and Management (OPM) and its Office of Fiscal Analysis (OFA) both released fiscal accountability reports on Nov. 18 forecasting annual fiscal surpluses through fiscal ye...

A highway use tax in Connecticut will go into effect at the start of 2023. Trucking groups and drivers are concerned with the fees.

Beginning in January, tractor trailers will be paying a little more to use state highways. A highway usage fee goes into effect at the beginning of the new...

How much money do states make on marijuana taxes? We dug into the latest data to find out.

New report pushes surplus to almost $2.8 billion, suggests state finances are well prepared through 2025.

The global economy may be slipping and Wall Street, despite a robust six weeks, remains down for the year — but you wouldn’t know it by looking at state government’s coffers. New projections Thursday ...