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Connecticut's Budget Deficit up Another $50 Million

Officials for Gov. Dannel P. Malloy disagree with the state comptroller's deficit figures, but acknowledge they must now file a deficit mitigation plan with the legislature.

State Comptroller Kevin P. Lembo says the state's mushrooming budget deficit has jumped by another $50 million, bringing the official deficit figure today to $415 million.

However, because of a technical accounting glitch, Lembo's office has not factored in to that figure Gov. Dannel P. Malloy's recently ordered budget cuts, the Connecticut Mirror reports.

When those cuts are calculated, the website reports, it brings the actual deficit closer to $290 million.

Malloy's office, meanwhile, is questioning Lembo's deficit figures. Malloy officials say they don't believe the deficit is as high as Lembo is estimating, but offered no reason for why they don't agree with the comptrollers calculations, the Mirror reports.

Lembo said the state's budget woes are, in part, the result of higher than expect spending on Medicaid. Malloy has said he will file a deficit mitigation plan with the legislature before year's end. He has blamed the state's fiscal problems on the enduring and lingering impacts in Connecticut of the nation's economic downturn.

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q May 21, 2013 at 01:25 pm
"Minimal impact" means some. Retiring debts over the next few years is a good thing andRead More doesn't mean you should borrow more. Perhaps when those debts are paid off there will be a little more money available to meet the basic needs of the schools and the town departments. As wonderful as the expansion sounds, it is not an immediate need - it is a "want". We know the potential benefits of the expansion. Please give specifics as to the cost per taxpayer per year and for how long to pay off this specific project. Thank you.
Betty-Lou Griffin May 21, 2013 at 11:48 am
The "complete reworking of the library" only included HVAC renovations being done on theRead More whole building, repair of the leaking roof and skylight that was ruining the library, and replacement of the circulation desk. No space was added. I am glad to hear that you recognize the benefits of expanded library space. Town Manager Steven Werbner has indicated that Tolland will be retiring several debts over the next several years, and this expansion would therefore have minimal impact on Tolland's debt burden or tax level. If we wait, multiple existing grant opportunities may disappear. Let's NOT wait another decade to address this problem. Let's at least send it to public hearing and referendum so that we can have a sincere and wide-reaching community discussion on this important issue, and allow our citizens the OPPORTUNITY TO VOTE.
q May 21, 2013 at 09:33 am
Love the idea of an expanded library space, but is the time really now? We couldn't even afford toRead More fully fund our school and town budgets for next year. We will be experiencing a lower quality of education and reduced town services and until we can bring that back up to par we should not be taking on new debt. Just a quick look at next year's budget shows we are still paying on the new High School, the Geothermal project, bonding for roads improvement, sewers, open space bonds, Cross Farms development, the new Library roof, and now the artificial turf/lights project at THS. Even if some grants are available to help with the cost, the Library Expansion Project will add more debt for the town (taxpayers). Is this really the time to do that?
q May 21, 2013 at 10:10 am
Love the idea of an expanded library, but we saw with this latest school/town budget that this townRead More cannot afford to maintain the level of education and town services we now have. How much will this library extension cost per year per taxpayer? Perhaps we should pay off some of our existing debt (including all the new debt incurred in just the past 3 years) before taking on new. Also, you mention the need for quiet tutoring rooms. Are these paid tutors you're referring to? If so, will they be charged rental fees for using the spaces paid for by the taxpayers? Aren't there spaces available at the new Rec Center at Parker? How about space at the schools? With fewer teachers and fewer students there are now empty classrooms.