Posts Tagged: revenue

The Impact of COVID-19 on State Revenues in New England

New England's state budgets are reeling from coronavirus-related shutdowns and fears. Here's an early look ... Connecticut. Gov. Ned Lamont and state lawmakers are facing a $904 million deficit for FY20 and a $2.1 billion deficit for FY21. The general fund shortfall, according to the nonpartisan Office of Fiscal Analysis, will swell to $3.2 billion in 2022. Connecticut’s Rainy Day Fund curren...