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News From Kevin Lembo
COMPTROLLER LEMBO REPORTS $121.3 MILLION SURPLUS FOR FISCAL YEAR 2014
Budget | August 1, 2014

Comptroller Kevin Lembo today reported a Fiscal Year surplus of $121.3 Million...

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COMPTROLLER LEMBO PROJECTS $33.2 MILLION SURPLUS FOR FISCAL YEAR 2014
Budget | July 1, 2014

Comptroller Kevin Lembo today announced that the state is currently on track to end Fiscal Year 2014 with a $33.2-million surplus.

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COMPTROLLER LEMBO PROJECTS $43.0 MILLION SURPLUS FOR FISCAL YEAR 2014
Budget | June 2, 2014

Comptroller Kevin Lembo today announced that the state is currently on track to end Fiscal Year 2014 with a $43.4-million surplus, as reported last month.

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COMPTROLLER LEMBO LAUNCHES "OPEN CONNECTICUT 2.0" WITH REAL-TIME STATE SPENDING AND REVENUE
Budget | May 13, 2014

Comptroller Kevin Lembo today launched "Open Connecticut 2.0" – a significant update to the online hub of state financial information that he first launched early last year in an ongoing effort to simplify and centralize public access to important information about state revenue and spending....

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COMPTROLLER LEMBO PROJECTS $43.4 MILLION SURPLUS FOR FISCAL YEAR 2014
Budget | May 1, 2014

Comptroller Kevin Lembo today announced that the state is currently on track to end Fiscal Year 2014 with a $43.4 million surplus ...

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COMPTROLLER LEMBO PROJECTS $504.9 MILLION SURPLUS FOR FISCAL YEAR 2014
Budget | April 1, 2014

Comptroller Kevin Lembo today announced that the state is currently on track to end Fiscal Year 2014 with a $504.9-million surplus – a number that could grow following this month’s revenue collection, barring any last-quarter spending increases.

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COMPTROLLER LEMBO ANNOUNCES 13-PERCENT SAVINGS WITH NEW PRELIMINARY CIGNA AGREEMENT
Budget | March 26, 2014

Comptroller Kevin Lembo today announced that the state has concluded its competitive bidding process and selected a new dental carrier – Cigna – to solely administer the state employee and retiree plan at drastically reduced annual costs over the previous dental contract.

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COMPTROLLER LEMBO PROJECTS $504.4 MILLION SURPLUS FOR FISCAL YEAR 2014
Budget | March 3, 2014

Comptroller Kevin Lembo today announced that the state is currently on track to end Fiscal Year 2014 with a 504.4 Million Surplus.

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COMPTROLLER LEMBO PROJECTS GROWING SURPLUS OF $506.1 MILLION FOR FISCAL YEAR 2014
Budget | February 3, 2014

Comptroller Kevin Lembo today announced that the state's outlook for Fiscal Year 2014 continues to grow positive with a current projected surplus of $506.1 million – an increase of $232.9 million over last month.

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COMPTROLLER LEMBO'S STATEMENT ON GOVERNOR MALLOY'S BUDGET ANNOUNCEMENT
Budget | January 30, 2014

"This proposal recognizes two of Connecticut’s top financial needs – retiring a piece of our long-term debt and replenishing our Rainy Day Fund.

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COMPTROLLER LEMBO SAYS STATE BUDGET OUTLOOK CONTINUES TO SLOWLY IMPROVE
Budget | January 2, 2014

Comptroller Kevin Lembo today announced that the state's General Fund is currently on track to end Fiscal Year 2014 with a surplus of $273.3 million – another month of improvement for the state's short-term outlook, despite a more cautious long-term view.

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GOV. MALLOY ISSUES EXECUTIVE ORDER TO INCREASE TRANSPARENCY ON ECONOMIC DEVELOPMENT INCENTIVES
Transparency | December 3, 2013

(HARTFORD, CT) – Governor Dannel P. Malloy, joined by State Comptroller Kevin Lembo and Department of Economic and Community Development (DECD) Commissioner Catherine Smith, today signed Executive Order (EO) No. 38 to make information regarding certain economic assistance and tax credits used to recruit or retain businesses more accessible to Connecticut residents.
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COMPTROLLER LEMBO EXPANDS “OPEN CONNECTICUT” TO INCLUDE QUASI-PUBLIC AGENCIES AND FEDERAL PROGRAMS
Transparency | December 11, 2013

Comptroller Kevin Lembo today announced that he has expanded “Open Connecticut” to include financial information on Connecticut’s quasi-public agencies and federal dollars.

Fiscal Year in Review
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GOV. MALLOY ISSUES EXECUTIVE ORDER TO INCREASE TRANSPARENCY ON ECONOMIC DEVELOPMENT INCENTIVES
Transparency | December 3, 2013

(HARTFORD, CT) – Governor Dannel P. Malloy, joined by State Comptroller Kevin Lembo and Department of Economic and Community Development (DECD) Commissioner Catherine Smith, today signed Executive Order (EO) No. 38 to make information regarding certain economic assistance and tax credits used to recruit or retain businesses more accessible to Connecticut residents.
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COMPTROLLER LEMBO SAYS FINANCIAL OUTLOOK CONTINUES TO IMPROVE, BUT URGES CAUTION
State Finances | December 2, 2013

Comptroller Kevin Lembo today announced that - due to increasing state revenue flow and a tax amnesty program -- the state's financial outlook has continued to improve, positioning the state to end Fiscal Year 2014 with a surplus of $245.9 million.
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COMPTROLLER LEMBO: ANNOUNCES IMPROVED OUTLOOK WITH PROJECTED $11.2-MILLION SURPLUS
State Finances | November 1, 2013

Comptroller Kevin Lembo today announced that the state is currently on track to end Fiscal Year 2014 with a surplus of $11.2 million based on Generally Accepted Accounting Principles (GAAP).
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COMPTROLLER LEMBO: "START SMALL, SAVE BIG" DURING NATIONAL SAVE FOR RETIREMENT WEEK
Plan Your Escape | October 21, 2013

Comptroller Kevin Lembo today announced that he is joining a coalition of employers across the country to recognize National Save for Retirement Week and raise awareness about the critical need for individuals to save for their financial future.
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COMPTROLLER LEMBO SAYS FISCAL YEAR 2014 ON PATH TO $4.4-MILLION SURPLUS; HIGHLIGHTS AREAS WORTH WATCHING
State Finances | October 1, 2013

Comptroller Kevin Lembo today announced that, while the fiscal year is still young, the state is currently on track for a $4.4 million surplus on the basis of Generally Accepted Accounting Principles (GAAP).
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COMPTROLLER LEMBO ANNOUNCES PHARMACY PLAN FOR MUNICIPALITIES
State Health Benefits | September 30, 2013

Comptroller Kevin Lembo announced today a new opportunity for municipalities to join the state's pharmacy plan - the CT Partnership Pharmacy Plan - and achieve significant savings, even if they have opted not to join the state's full medical plan.
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FISCAL YEAR IN REVIEW
State Finances | September 25, 2013

Fiscal Year in Review

Comptroller Kevin Lembo held his annual presentation of the State's year-end finances.
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COMPTROLLER LEMBO REPORTS $398.79 MILLION SURPLUS FOR FISCAL YEAR 2013
State Finances | September 3, 2013

Comptroller Kevin Lembo today announced that the state’s financial status has continued to improve and that Fiscal Year 2013 will end with a surplus of approximately $398.79 million.
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COMPTROLLER LEMBO REPORTS $312.1 MILLION SURPLUS FOR FISCAL YEAR 2013
State Finances | August 1, 2013

Comptroller Kevin Lembo today announced that the state’s financial status has continued to improve and that, pending final calculations, Fiscal Year 2013 will likely end with a surplus of approximately $312.1 million, based on Generally Accepted Accounting Principles (GAAP).
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COMPTROLLER LEMBO, DAS ANNOUNCE STATEWIDE TRANSITION TO DIGITAL PAY COMPLETE
Statewide Transition | July 30, 2013

Comptroller Kevin Lembo and Department of Administrative Services (DAS) Commissioner Donald J. DeFronzo today announced that ePay – a joint project that transitions nearly all state employees to paperless digital pay statements – is complete.
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COMPTROLLER LEMBO ANNOUNCES CONTINUED GROWTH IN CT PARTNERSHIP PLAN
State Finances | July 12, 2013

Comptroller Kevin Lembo today announced that the CT Partnership Plan has just entered its second year, providing health benefits and savings to more towns, cities, boards of education and other public employers in the state. The CT Partnership Plan (established by state law in 2011) was launched last July to allow non-state governments to join the state health plan.
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COMPTROLLER LEMBO REPORTS $189.1-MILLION SURPLUS FOR FISCAL YEAR 2013
State Finances | July 1, 2013

Comptroller Kevin Lembo today announced that the state’s financial outlook has improved and the Fiscal Year 2013 will likely end with a surplus of approximately $189.1 million, based on Generally Accepted Accounting Principles (GAAP).
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COMPTROLLER LEMBO ELECTED TO CONNECTICUT FOUNDATION FOR OPEN GOVERNMENT’S BOARD OF DIRECTORS
Transparency | June 27, 2013

Comptroller Kevin Lembo today was elected to the Board of Directors of the Connecticut Foundation for Open Government, Inc. (CFOG) following his efforts to promote greater access to state financial information, including state economic assistance programs.
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COMPTROLLER LEMBO STATEMENT ON FAILURE TO ADOPT TRANSPARENCY IN ECONOMIC ASSISTANCE
State Finances | June 6, 2013

"I am concerned by the state Senate's failure to raise HB 6566, An Act Concerning Transparency in Economic Assistance – despite unanimous support by the House of Representatives, broad public support, bipartisan consensus and the bill’s clear public policy value.
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COMPTROLLER LEMBO REPORTS $164.8-MILLION SURPLUS FOR FISCAL YEAR 2013
State Finances | June 3, 2013

Comptroller Lembo today announced that the state's financial outlook has improved and the Fiscal Year 2013 will likely end with a surplus of approximately $164.8 million.
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GOV. MALLOY AND COMPTROLLER LEMBO ANNOUNCE $1.68
BILLION REDUCTION IN RETIREE HEALTH CARE LIABILITIES

State Finances | May 21, 2013

Governor Dannel P. Malloy and State Comptroller Kevin Lembo announced another significant
reduction in the state's future unfunded state employee and retiree health care liabilities

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PHOTO: MAN UP AT RISING PINTS BREWFEST
Photos | May 11, 2013

Man Up at the Brewfest
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PHOTO: POLISH DAY AT THE STATE CAPITOL
Photos | May 9, 2013

Polish Day at the Capitol
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COMPTROLLER LEMBO REPORTS $150.1-MILLION SURPLUS
FOR FISCAL YEAR 2013

State Finances | May 1, 2013

Comptroller Kevin Lembo today announced that the state’s financial outlook has improved and the Fiscal Year 2013 will likely end with a surplus of approximately $150.1 million.
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PHOTO: WORKERS' MEMORIAL DAY
Photos | April 28, 2013

Workers Memorial Day
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COMPTROLLER LEMBO LAUNCHES “D-I-Y TAX CALCULATOR;”
USERS ESTIMATE IMPACT OF STATE TAX CHANGES

Transparency | April 17, 2013

Comptroller Kevin Lembo today launched a “DIY (Do-it-Yourself) Tax Calculator” -- an online tool where users can calculate the approximate impact tax changes would have on overall state revenue.
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COMPTROLLER LEMBO APPLAUDS FINANCE COMMITTEE VOTE TO ADVANCE TRANSPARENCY IN ECONOMIC ASSISTANCE
Transparency | April 12, 2013

Comptroller Kevin Lembo commended the General Assembly’s Finance Committee for voting today in favor of his proposed legislation that will establish greater transparency surrounding the hundreds of millions in dollars invested every year in economic assistance programs.
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PHOTO: GREATER NEW HAVEN CHAMBER OF COMMERCE
Photos | April11, 2013

greater New Haven Chamber of Commerce
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COMPTROLLER LEMBO REPORTS IMPROVEMENT FOR FISCAL YEAR 2013 OUTLOOK
State Finances | April 1, 2013

Comptroller Kevin Lembo today announced that an improvement in revenue is shrinking the projected deficit and improving the outlook for the end of Fiscal Year 2013.
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COMPTROLLER LEMBO: IMPROVE TRANSPARENCY IN ECONOMIC ASSISTANCE PROGRAMS
Transparency | March 8, 2013

Comptroller Kevin Lembo announced legislation today that will establish greater transparency surrounding the hundreds of millions in dollars invested every year in economic assistance programs.
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