Tuesday, October 11, 2016

In illegal move, Malloy administration misleads public (again) on budget deficit - Wait What?

In illegal move, Malloy administration misleads public (again) on budget deficit - Wait What?:

In illegal move, Malloy administration misleads public (again) on budget deficit


State law requires that on the 20th of every month, the Governor’s administration MUST inform the State Comptroller about any known budget deficit.  The State Comptroller, in turn, uses that information to help guide his mandated monthly report that is issued on the first of each month.
In October, Malloy’s budget division told State Comptroller Kevin Lembo that the budget was in balance, but as it turns out, that was a lie.
As Keith Phaneuf at the CT Mirror is reporting today;
Gov. Dannel P. Malloy’s administration last month warned dozens of state agency heads of a significant shortfall in the current budget — but continues to officially report that finances remain in balance.
The $133 million revenue shortfall disclosed to agency heads on Sept. 6 was excluded 14 days later from the last official monthly budget forecast submitted to Comptroller Kevin P. Lembo.
Malloy’s top budget chief told Malloy’s commissioners that there was a deficit, yet day later, sought to mislead Lembo about the problem.  Lembo, in turn, provided the public with a report that wasn’t accurate.
Early last summer Governor Malloy and the Democratic members of the ConnecticutIn illegal move, Malloy administration misleads public (again) on budget deficit - Wait What?: 

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