🏛️ Politics 1d ago · Keith M. Phaneuf

Report: CT’s budget safety net is growing as other states’ shrink

Hartford Courant Politics
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Report: CT’s budget safety net is growing as other states’ shrink
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Despite redirecting state budget surplus money to bolster childcare, municipal aid and federal human services programs under the knife, Connecticut still boasts one of the most robust emergency reserves in the nation, according to a new analysis from The Pew Charitable Trusts.
And while many states’ rainy day funds are declining, Connecticut’s continues to grow, despite a struggling economy.
When the last fiscal year closed on June 30, the median state had enough reserves to run for 47.9 days, P

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