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State Budget Deficit up Another $50 Million

Officials for Gov. Dannel P. Malloy disagree with the Connecticut 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.

In an effort to lower the deficit, Malloy last week announced $170 million in budget cuts, the maximum allowed by a governor without needing legislative approval. 

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Soccer May 20, 2013 at 06:27 pm
g, Let's throw out some more numbers... Here is a site to look at:Read More http://www.sde.ct.gov/sde/lib/sde/PDF/dgm/report1/basiccon.pdf This is the Connecticut State Department of Education Bureau of Grants Management spreadsheet. It shows and compares what Danbury is paying per student compared to the rest of the state. Looking at the numbers, out of the 170+ districts in the state, Danbury pays the 8th LEAST amount per pupil. Out of the 10 districts in Connecticut that have over 10,000 students, Danbury ranks 2nd LOWEST in the state. This amount is about $3,000 less per pupil than the average of the state and the average of districts with 10,000+ students.
g May 20, 2013 at 01:33 pm
Good afternoon Jessica, Danbury plans to spend approximately $114,000,000 on teaching staff salaryRead More and benefits for the next school year per the school budget here - http://www.danbury.k12.ct.us/bbadmin/Budget/2012-2013%20budget.pdf the total budget is $121,000,000. Teachers, administrators, contracted professionals, staff enrichment programs, staff insurance, and the rest comprise about 95% of the school system budget. See staff cost summary on page 8 of the report. You'll also note our board of education plans to spend a bit more than 3 million dollars on supplies and materials plus a million on equipment. The budget represents a 5% increase from the prior year. On our district home page - http://www.danbury.k12.ct.us/ it says Danbury has 10,300 my calculator tells me that's about $12,000 per child in the district. With $12,000 per child, why are teachers paying for supplies? Hmm ... let me think ... 95% of the budget goes to staff salary and benefits for the long 185 day year .... I have a guess where the money goes. Do you?
Black People are ANIMALS May 16, 2013 at 12:18 pm
You should invite all the spics to the lake to go swimming. The Squantzter is usually hungry thisRead More time of year.