consensus revenues

Recent Posts

State revenues slip, but tax panel was ready

State Rep. Jeffrey Berger of Waterbury

A legislative panel not only recommended hefty tax increases to balance the next state budget, but also endorsed enough to run up more than $300 million in surpluses by 2017. The reason for doing that became apparent late Thursday when a new report downgraded how much revenue growth the state can count on in its new budget.
Continue Reading →

Filed under: , , , , , ,

Malloy doesn’t get predicted revenue boost, big deficits remain

This is a photo of Gov. Dannel P. Malloy

Connecticut’s economy has not eased the state’s budget crisis as Gov. Dannel P. Malloy predicted on the campaign trail last year. A new analysts’ report Thursday found tax receipts and other revenues still likely to grow as originally anticipated last summer – when major deficits were projected for the next two fiscal years.
Continue Reading →

Filed under: , , , , , ,

5 Things You Need to Know About…Consensus Revenues

fivethings

Once a month The Mirror will answer five questions about a key element of the state budget process. Labeled “5 Things,” our aim is to de-mystify the arcane language and process that shroud the way the state government chooses to spend taxpayers’ money. Today’s story will take a look at so-called “consensus revenue estimates,” which the state uses to project how much money it expects to have coming into its treasury. Continue Reading →

Filed under: , , , , , ,