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Budget Numbers Create Confusion for Lawmakers
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The projected state budget surplus has turned into a multi-million dollar deficit in the past week. State lawmakers are figuring out what to do with this year’s budget in the last week of this legislative session.

House Speaker Jim Amann calls the existing two-year budget historic, with increased support for healthcare and education initiatives. But advocates for local towns and municipalities say if no adjustments are made, towns will face a fiscal crisis and may have to raise property taxes. Amann spoke to WNPR’s Where We Live, and he says towns and the state have to look for creative ways to raise revenues.

“These are tough economic times. What the cities have to do is what we’re exactly doing . We have to tighten our belts and make sure that we at least continue to go forward the best we can, until this economy turns around.”

Amann is satisfied with projected spending as outlined in the budget. He cites that Connecticut has a $1.4 billion rainy day fund, and the last three years Connecticut had a budget surplus. When compared to neighboring states, like New York and New Jersey, Connecticut’s projected deficit is tiny.