Lamont leans heavily on federal aid to keep taxes flat in CT

Excerpt:

Gov. Ned Lamont proposed a two-year, $46 billion budget Wednesday that relies on federal funding and state reserves to close a major deficit without significant tax hikes while bolstering aid for municipalities and school districts.

But the package also leaves Connecticut with several budget challenges to be resolved in the not-so-distant future.

The package would channel more than $400 million in emergency federal relief  to low-performing school districts. But it also would suspend plans to bolster regular state-funded aid for municipal schools by $90 million in the next two-year budget cycle.

Author(s): Keith Phaneuf

Publication Date: 10 February 2021

Publication Site: CT Mirror