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Lembo says Connecticut on track for $701 million surplus

JULY 8, 2019 | FOX 61 (CONNECTICUT)

 “State Comptroller Kevin Lembo says Connecticut is on track to wrap up the fiscal year that ended June 30 with an almost $701 million surplus. The Democrat says that amount will be reduced by nearly $541 million to cover the cost of a new special reserve fund for the Teacher’s Retirement System and an anticipated legal settlement with the state’s hospitals over a taxing dispute.”
 

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