HARTFORD, Conn. (AP) — The projected deficit in Connecticut’s main spending account, the General Fund, has grown to nearly $20 million.
Ben Barnes, Gov. Dannel P. Malloy’s budget director, said the projected shortfall for the current fiscal year, which ends June 30, is $12.9 million higher than last month’s estimate. The General Fund is approximately $18.7 billion.
In a letter sent Friday to the state comptroller, Barnes blamed a “sharp increase in expenditures in the Adjudicated Claims account” for the increase. That account includes funds used to settle legal claims against the state.
While he expects closer scrutiny of hiring and contract approvals will help address the overall projected shortfall, Barnes said revenue collections for the rest of the year — particularly in April — will be crucial in determining the final deficit figure.
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