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CT headed for second-largest surplus in state history

Summary by The CT Mirror
Surging income and business tax receipts will leave Connecticut with its second-largest surplus in state history, analysts reported Wednesday, even as officials remained divided whether to use any of the $2.3 billion windfall to mitigate big cuts in federal aid. And while the consensus revenue report from Gov. Ned Lamont’s administration and the legislature’s nonpartisan Office of Fiscal Analysis showed a modest softening of revenues in the futu…

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stord24.no broke the news in on Wednesday, April 30, 2025.
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