Ray Dunaway: 2019 Fiscal Year Outlooks

Mornings with Ray Dunaway
September 06, 2018 - 1:52 pm

Kevin Lembo, State Comptroller, discusses how in his first report on the outlook for the Fiscal Year for 2019 he said that the Connecticut state budget is on track to end the year approximately in balance. How can this be since we are in the very beginning of the fiscal year? What hurdles are there to overcome that may impact this positive trend? What numbers are looked at to make this type of financial forecast? Such as income, the housing market, the stock market, etc. What areas are seeing a positive trend so far? What areas have seen significant growth?