Page 20 - Fiscal Analysis News Today

DEEP Commissioner is excited about what the legislature is advancing in terms of clean transportation, clean energy, solar, carbon free electric grid.

Single-year surplus is almost $900 million larger than entire budget reserve

Three ambitious bills that aim to tackle the growing crisis of children’s mental health in Connecticut would devote tens of millions in funding to a broad range of initiatives, including a grant program to attract and retain child psychiatrists, expanded mobile crisis services and additional staff across multiple state departments to manage new projects.

A second grant program, to attract and retain child psychologists in Connecticut, could range from $672,250 to $6.7 million depending upon the number of people eligible for the grants and the amount of each grant.

Single-year surplus is almost $900 million larger than entire budget reserve.

State legislative leaders have been waiting for Gov. Ned Lamont to agree to a new income tax cut for families with children. And as exploding new business and income tax collections pushed Connecticut’s budget surplus close to staggering $4 billion Wednesday, legislative leaders said they might be getting tired of waiting.

The latest projection also is 44% or $1.2 billion larger than the surplus Lamont forecast just one month ago.

Nearly a quarter of the Connecticut state Capitol employees are earning more than...

Nearly a quarter of the Connecticut state Capitol employees are earning more than...

It would cost Connecticut nearly $1.9 billion over four years to cover the raises, bonuses and related costs Gov. Ned Lamont negotiated for about 46,000