Is CT's budget boom over? Report likely to show eroding revenue

Is CT's budget boom over? Report likely to show eroding revenue

Connecticut effectively has won the lottery jackpot over the last six years, when it comes to the state budget. There have been nearly $11 billion in budget surpluses since 2017. In the last three years, the windfalls matched or exceeded 8.5% of the General Fund. No surplus topped 3.3% in the two decades prior to 2017. And just two years ago, the state shattered all modern records, closing $4.3 billion in the black, a 20.8% surplus, larger than …