State ends fiscal year with deficit

The state's comptroller says Connecticut likely ended the budget year with a nearly $200 million deficit. Comptroller Kevin Lembo says the deficit is abut $192.3 million. He says revenue from income

News 12 Staff

Jul 3, 2012, 1:47 PM

Updated 4,406 days ago

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The state's comptroller says Connecticut likely ended the budget year with a nearly $200 million deficit.
Comptroller Kevin Lembo says the deficit is abut $192.3 million.
He says revenue from income tax withholding is up more than 18 percent from last year.
However, revenue from estimated tax payments went up less than 6 percent.


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