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News From Kevin Lembo

COMPTROLLER LEMBO LAUNCHES "OpenPayroll" WITH REAL-TIME ACCESS TO STATE PAYROLL DATA
Transparency | DECEMBER 6, 2016
Comptroller Kevin Lembo today announced the launch of "OpenPayroll" - the latest expansion to the OpenConnecticut online portal that provides the public with real-time access to state financial information. -- read more

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VIDEO: WORLD AIDS DAY 2016: COMPTROLLER KEVIN LEMBO
Video | DECEMBER 1, 2016



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COMPTROLLER LEMBO PROJECTS $82.3-MILLION DEFICIT: POINTS TO SOME PROMISING ECONOMIC INDICATORS
Budget | DECEMBER 1, 2016
Comptroller Kevin Lembo, in his monthly financial projection today, said the state is on track to end Fiscal Year 2017 with a deficit of $82.3 million - although key estimated payment collections data will not be available until mid-January. -- read more

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Comptroller Lembo Investigates Whether American Family Association Broke Anti-Discrimination Rules Of State Charitable Campaign
News | NOVEMBER 30, 2016
Comptroller Kevin Lembo today announced an ongoing investigation into whether the American Family Association (AFA) may have violated the regulations governing the Connecticut State Employee Campaign for Charitable Giving (CSEC) that broadly prohibits discrimination. -- read more

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COMPTROLLER LEMBO PROJECTS $42-MILLION DEFICIT
Budget| NOVEMBER 1, 2016
Comptroller Kevin Lembo announced today that his analysis of recent spending data indicates that the state is currently on track to end the year with a $42-million deficit. -- read more

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COMPTROLLER LEMBO SAYS EARLY DATA SHOWS BALANCED BUDGET; WARNS THAT SAVINGS TARGET MAY BECOME A CHALLENGE
Budget| OCTOBER 3, 2016
Comptroller Kevin Lembo announced today that, while still early in Fiscal Year 2017, the state is currently on track to end the year essentially in balance. -- read more

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COMPTROLLER LEMBO ISSUES FIRST PROJECTION OF FY 17, SHOWS BUDGET APPROXIMATELY IN BALANCE
Budget| SEPTEMBER 1, 2016
Comptroller Kevin Lembo today issued his first projection of the Fiscal Year 2017 budget, reporting early results are consistent with the budget plan. -- read more

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STATEMENT FROM COMPTROLLER LEMBO ON DEPARTMENT OF LABOR'S FINAL RULE CONCERNING STATE RETIREMENT INITIATIVES
Retirement| AUGUST 25, 2016
"The finalized rule from the Department of Labor on Savings Arrangements Established by States for Non-Governmental Employees solidifies the work of the Connecticut Retirement Security Board. -- read more

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COMPTROLLER LEMBO PROJECTS $279.4-MILLION DEFICIT FOR FISCAL YEAR 2016
Budget| AUGUST 1, 2016
Comptroller Kevin Lembo today reported a projected General Fund deficit of $279.4 million for Fiscal Year 2016, an improvement of $36.4 million. -- read more

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COMPTROLLER LEMBO ANNOUNCES CHECKBOOK-LEVEL FINANCIAL DATA NOW AVAILABLE ONLINE FOR QUASI-PUBLIC AGENCIES
Transparency| July 12, 2016
Comptroller Kevin Lembo announced today that checkbook-level data on vendor payments made by Connecticut quasi-public agencies is now available online at OpenConnecticut, the state's comprehensive financial transparency website. -- read more

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COMPTROLLER LEMBO REPORTS $315.8-MILLION DEFICIT FOR FISCAL YEAR 2016
Budget| July 1, 2016
Comptroller Kevin Lembo today reported a $315.8-million deficit for Fiscal Year 2016, pending final budget accruals – but noted that while global factors have contributed to additional market volatility, there are some bright spots among Connecticut’s economic indicators.
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COMPTROLLER LEMBO TO INSURANCE COMMISSIONER: RECUSE SELF AND RESTORE PUBLIC CONFIDENCE IN ANTHEM-CIGNA REVIEW PROCESS
Budget| June 30, 2016
Comptroller Kevin Lembo, in a follow-up letter to state Department of Insurance (DOI) Commissioner Katherine Wade today, urged that she immediately recuse herself from the Anthem-Cigna merger review process and ensure that all interested parties can fully participate in order to restore public confidence.
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COMPTROLLER LEMBO PROPOSES MEASURES TO USE SPENDING CAP AS TOOL FOR BUDGET STABILITY AND PREDICTABILITY
Budget| June 20, 2016
Comptroller Kevin Lembo, testifying before the state Spending Cap Commission today, proposed a new approach to the state spending cap formula in order to better stabilize future state budgets.
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COMPTROLLER LEMBO'S STATEMENT ON GOVERNOR'S VETO ON ENHANCED ANALYSIS OF ECONOMIC DEVELOPMENT AND JOB CREATION PROGRAMS
Policy| June 9, 2016
Comptroller Kevin Lembo had proposed a legislative measure to benefit businesses and all taxpayers by establishing a more efficient and effective analysis of whether hundreds of millions of dollars in economic incentives provided to businesses are fulfilling their intended purpose.
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COMPTROLLER LEMBO REPORTS NO CHANGE FROM LAST MONTH WITH $259.1-MILLION DEFICIT PROJECTION
Budget| June 1, 2016
Comptroller Kevin Lembo today, while urging continued caution about the state’s outlook, reported that the projected deficit for the current fiscal year remains unchanged this month at $259.1 million.
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COMPTROLLER LEMBO'S STATEMENT ON GOVERNOR SIGNING INTO LAW A WORKPLACE-BASED RETIREMENT SECURITY OPTION FOR NEARLY 600,000 WORKERS
Policy| May 31, 2016
Comptroller Kevin Lembo today acknowledged Gov. Dannel P. Malloy's signature on the new retirement security program law.
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COMPTROLLER LEMBO SAYS "NEW ECONOMIC REALITY" WARRANTS VOTE AGAINST $22 MILLION IN STATE MONEY FOR HEDGE FUND, URGES SHIFT IN ECONOMIC STRATEGY TO BENEFIT ALL CT BUSINESSES
Policy| May 27, 2016
Comptroller Kevin Lembo, at today's state Bond Commission meeting, voted against providing $22 million in state bond funding to Bridgewater Associates, a Connecticut hedge fund that manages more than $130 billion in global investments.
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COMPTROLLER LEMBO, CT STATE MEDICAL SOCIETY CO-HOST PHARMACEUTICAL FORUM ON SKYROCKETING DRUG COSTS
Forum | May 17, 2016
Comptroller Kevin Lembo, with the Connecticut State Medical Society (CSMS), co-hosted a forum in Hartford today that brought together physicians, pharmaceutical companies, academicians, patient advocates and other industry experts to address the skyrocketing cost of medications.
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COMPTROLLER LEMBO APPLAUDS LEGISLATIVE SUPPORT FOR ENHANCED ANALYSIS OF ECONOMIC DEVELOPMENT AND JOB CREATION PROGRAMS
Legislation | May 4, 2016
Comptroller Kevin Lembo applauded the state General Assembly for adopting a measure to ensure that, on behalf of businesses and all taxpayers, the state will conduct a more efficient and effective analysis of whether hundreds of millions of dollars in economic incentives provided to businesses are fulfilling their intended purpose.
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COMPTROLLER LEMBO, FOLLOWING UPDATED CONSENSUS REVENUE ESTIMATES, PROJECTS $259.1-MILLION DEFICIT FOR FISCAL YEAR 2016
Budget | May 2, 2016
Comptroller Kevin Lembo today, following the recently updated consensus revenue estimate, reported that the state is on track to end the current fiscal year with a $259.1-million deficit.
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COMPTROLLER LEMBO APPLAUDS SENATE VOTE APPROVING WORKPLACE-BASED RETIREMENT SECURITY OPTION FOR NEARLY 600,000 WORKERS
Legislation | April 30, 2016
Comptroller Kevin Lembo commended the state Senate for voting today in favor of a financially self-sustaining retirement savings program that could serve nearly 600,000 private-sector workers in Connecticut who currently have no access to workplace-based retirement savings.
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NEW REPORT: Connecticut Receives "A+" in Annual Report on Transparency of Government Spending
Transparency
| April 28, 2016
Connecticut received an A+ when it comes to government spending transparency, according to "Following the Money 2016: How the 50 States Rate in Providing Online Access to Government Spending Data," the seventh annual report of its kind by Connecticut Public Interest Research Group Education Fund. Connecticut's near-perfect score makes it a leader in state spending transparency nationally.
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COMPTROLLER LEMBO APPLAUDS HOUSE VOTE THAT ADVANCES RETIREMENT SECURITY PROGRAM TO SERVE NEARLY 600,000 WORKERS WITHOUT WORKPLACE SAVINGS
Legislation | April 26, 2016
Comptroller Kevin Lembo commended the state House of Representatives for voting today in favor of a financially self-sustaining retirement savings program that would serve nearly 600,000 private-sector workers in Connecticut who currently have no access to workplace-based retirement savings.
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COMPTROLLER LEMBO CALLS FOR OPEN, INCLUSIVE AND THOROUGH REVIEW OF ANTHEM-CIGNA MERGER
Merger | April 6, 2016
Comptroller Kevin Lembo, in a letter to the state Department of Insurance (DOI) this week, urged an open and thorough review of a proposed merger between Anthem and Cigna in order to address significant concerns raised by health care consumers and providers.
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COMPTROLLER LEMBO SAYS LEGISLATIVE ACTION ELIMINATES $220-MILLION DEFICIT FOR NOW; WARNS THAT FURTHER REVENUE EROSION IS POSSIBLE
Budget | April 1, 2016

Comptroller Kevin Lembo announced today that spending reductions and transfers adopted by the legislature this week provide the necessary tools to eliminate this fiscal year's $220-million deficit - however, he warned about possible further revenue erosion and other risks related to moderate national economic growth.
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COMPTROLLER LEMBO ANNOUNCES NATIONAL AWARD FOR CT’S SUCCESSFUL MANAGEMENT OF ITS CONVERSION TO NEW RETIREMENT SAVINGS PLANS ADMINISTRATOR
Transparency | March 30, 2016

Comptroller Kevin Lembo today announced that the Office of the State Comptroller was nationally recognized with a 2016 Eddy Award for the successful conversion of its retirement savings plan administration.
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COMPTROLLER LEMBO URGES ENHANCED ANALYSIS OF ECONOMIC DEVELOPMENT AND JOB CREATION PROGRAMS
Transparency | March 22, 2016

Comptroller Kevin Lembo, in testimony submitted to the state legislature’s Finance, Revenue and Bonding Committee today, said that businesses and all taxpayers deserve the most efficient and effective analysis of whether hundreds of millions of dollars in economic incentives provided to businesses are fulfilling their intended purpose.
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COMPTROLLER LEMBO TESTIFIES IN SUPPORT OF PROPOSAL TO ESTABLISH HEALTH AND BIOSCIENCE INNOVATION CORRIDOR
Technology | March 15, 2016

Comptroller Kevin Lembo, in testimony submitted today, announced his support for an economic development proposal to establish an innovation corridor in Connecticut where private health, bioscience and related industries could improve access to competitively priced ultra-high-speed broadband networks and other technological needs.
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COMPTROLLER LEMBO SUBMITS TESTIMONY IN SUPPORT OF IMPROVED ACCESS TO PUBLIC UNIVERSITIES' FINANCIAL INFO
Transparency | March 14, 2016

Comptroller Kevin Lembo announced today that, in written testimony submitted to the state legislature’s Appropriations Committee, he urged improved access to public universities’ financial information, including budget, spending and revenue.
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COMPTROLLER LEMBO APPLAUDS LABOR COMMITTEE VOTE THAT ADVANCES RETIREMENT SECURITY PROGRAM TO SERVE NEARLY 600,000 WORKERS WITHOUT WORKPLACE SAVINGS
Retirement | March 10, 2016

Comptroller Kevin Lembo commended the General Assembly’s Labor and Public Employees Committee for voting in favor of a financially self-sustaining retirement savings program that would serve nearly 600,000 private-sector workers in Connecticut who currently have no access to workplace-based retirement savings.
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COMPTROLLER LEMBO TESTIFIES IN SUPPORT OF RETIREMENT SECURITY PROGRAM; SAYS NEARLY 600,000 CT WORKERS HAVE NO ACCESS TO WORKPLACE SAVINGS
Retirement | March 8, 2016

Comptroller Kevin Lembo testified today in support of a financially self-sustaining retirement savings program that would serve nearly 600,000 private-sector workers in Connecticut who currently have no access to workplace-based retirement savings.
-- read more


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COMPTROLLER LEMBO ANNOUNCES OVERWHELMING RESPONSE BY QUASI-PUBLIC AGENCIES TO PROVIDE CHECKBOOK-LEVEL FINANCIAL DATA FOR STATE'S ONLINE TRANPARENCY PORTAL
Transparency | March 7, 2016

Comptroller Kevin Lembo announced today that 10 out of 12 Connecticut quasi-public agencies have officially confirmed that they will voluntarily provide his office with checkbook-level financial data annually to incorporate in OpenConnecticut, the state’s comprehensive financial transparency website.
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COMPTROLLER LEMBO TESTIFIES FOR MEASURE TO CURB SKYROCKETING DRUG PRICES
Healthcare | March 4, 2016

Comptroller Kevin Lembo, in testimony submitted this week, announced his support for a state measure to reduce skyrocketing pharmaceutical drug costs and improve health-care outcomes for patients.
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COMPTROLLER LEMBO TESTIFIES FOR MEASURE SUPPORTING VETERAN-OWNED SMALL BUSINESSES
Budget | March 4, 2016

Comptroller Kevin Lembo, in testimony submitted this week, his support for a state measure to relieve burdens on small businesses, particularly those owned by veterans.
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COMPTROLLER LEMBO PROJECTS $219.9-MILLION DEFICIT FOLLOWING EXPECTED REVENUE EROSION
Budget | March 1, 2016

Comptroller Kevin Lembo announced today that, as he reported last month, revenue has further eroded -- bringing the latest projected deficit for the current fiscal year to $219.9 million.
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CRSB SUBMITS IMPLEMENTATION PLAN FOR PUBLIC RETIREMENT PROGRAM FOR PRIVATE-SECTOR EMPLOYEES
Retirement | February 25, 2016

The Connecticut Retirement Security Board (CRSB) today submitted an implementation plan in the form of legislation that would establish a state-run retirement savings program for private-sector employees in Connecticut.
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COMPTROLLER LEMBO TESTIFIES IN FAVOR OF INTERN PROGRAM FOR ADULTS WITH AUTISM
Legislation | February 24, 2016

Comptroller Kevin Lembo, in written testimony to the state legislature's Public Health Committee today, expressed his support for legislation to establish a state plan to implement an internship program for adults with autism.
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COMPTROLLER LEMBO CALLS ON ALL QUASI-PUBLIC AGENCIES TO PROVIDE CHECKBOOK-LEVEL FINANCIAL DATA FOR STATE'S ONLINE TRANSPARENCY PORTAL
Budget | February 1, 2016

Comptroller Kevin Lembo announced today that he has called on all of Connecticut's quasi-public agencies to voluntarily provide his office with checkbook-level financial data annually to incorporate in OpenConnecticut, the state's comprehensive financial transparency website.
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COMPTROLLER LEMBO PROJECTS $7.1-MILLION DEFICIT WITH POSSIBILITY OF FURTHER REVENUE EROSION
Budget | February 1, 2016

Comptroller Kevin Lembo, today projected a $7.1-million deficit for the current fiscal year, agreeing that the state can achieve its targeted savings on spending, but warning that there is potential for continued erosion of revenue due to stock market declines and a slowdown in the global economy.
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COMPTROLLER LEMBO RECEIVES AARP LEGISLATIVE ACHIEVEMENT AWARD FOR LEADERSHIP ON RETIREMENT SAVINGS
Retirement | January 25, 2016

Comptroller Kevin Lembo, surrounded by a room full of AARP volunteers at the organization’s Connecticut headquarters in Hartford today, received AARP’s Legislative Achievement Award in recognition of his leadership on retirement savings.
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COMPTROLLER LEMBO SAYS BROADBAND DEFICIENCY REPORT DEMONSTRATES HARM TO STATE ECONOMY
CT Gig Project | January 25, 2016

Comptroller Kevin Lembo, responding to a report on the state’s broadband deficiencies, said that technology infrastructure investment – including both ultra-high-speed broadband networks and data centers – is absolutely imperative to both attract businesses to Connecticut and to keep existing industries from leaving.
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COMPTROLLER LEMBO RELEASES DETAILED PENSION FUNDING ANALYSIS WITH EVIDENCE-BASED REFORM RECOMMENDATION
Budget | January 14, 2016

Comptroller Kevin Lembo, after working closely with pension experts and actuaries to investigate pension reform solutions, has released a detailed analysis of state pension funding options and offers an evidence-based recommendation using actuarial best practices that would save the state $1 billion over the current funding methodology.
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COMPTROLLER LEMBO SAYS DEFICIT MITIGATION MEASURES PUT STATE ON PATH TO $200,000 SURPLUS
Budget | January 4, 2016

Comptroller Kevin Lembo reported today that, after adjusting for the deficit mitigation requirements adopted by the General Assembly in December, the state is on track to end the current fiscal year with a small General Fund surplus of $200,000.
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CRSB COMPLETES FEASIBILITY STUDY OF PUBLIC RETIREMENT PLAN FOR PRIVATE-SECTOR EMPLOYEES; REPORTS FINDINGS TO LEGISLATURE AND GOVERNOR
Benefits | January 4, 2016

The Connecticut Retirement Security Board (CRSB) today submitted a report to the General Assembly that says a public retirement program for private-sector employees is financially feasible under a range of market scenarios and plan designs.
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COMPTROLLER LEMBO’S STATEMENT ON DELAY OF AFFORDABLE CARE ACT’S “CADILLAC TAX”
Health Care | December 18, 2015

"The so-called ‘Cadillac tax’ – senselessly deterring employers from offering quality health care benefits and punishing those that do – has rightfully been delayed. This two-year delay is an important first step, and hopefully a prelude to complete repeal of this excise tax. I am particularly grateful to Rep. Joe Courtney for leading this effort."
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COMPTROLLER LEMBO,  IN TESTIMONY TO CONGRESSIONAL DEMOCRATIC STEERING AND POLICY COMMITTEE: “INVESTIGATE AND REVERSE RUNAWAY PHARMACEUTICAL DRUG PRICES”
Health Care | December 2, 2015

Comptroller Kevin Lembo, in written testimony submitted to the Democratic Steering and Policy Committee for a hearing today, detailed the consequences of a runaway pharmaceutical drug marketplace that threatens to obstruct patient care and overcome health care budgets across the public and private sectors.
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COMPTROLLER LEMBO PROJECTS $122.4 MILLION DEFICIT, DEPENDENT ON STATE'S ABILITY TO MEET PLANNED SAVINGS TARGET
Budget | December 1, 2015

Comptroller Kevin Lembo reported today that, after accounting for about $102.8 million in rescissions announced in September and the updated consensus revenue forecast announced last month, the state is on track to end the current fiscal year with a $122.4-million deficit.
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COMPTROLLER LEMBO OFFERS ALTERNATIVE PENSION FUNDING APPROACH; COMMENDS GOVERNOR FOR OPENING CONVERSATION
Budget | November 17, 2015

Comptroller Kevin Lembo this week offered an alternative pension funding proposal for consideration that has the potential to reduce the volatility of future payments to the pension fund and create a more manageable schedule for paying down the unfunded liabilities, while also utilizing actuarial best practices modeled in other states.
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COMPTROLLER LEMBO PROJECTS $118.4 MILLION DEFICIT; POINTS TO SLOW JOB GAINS IN FINANCIAL SERVICES SECTOR
Budget | November 2, 2015

Comptroller Kevin Lembo reported today that, after accounting for about $102.8 million in rescissions announced in September, the state is on track to end the current fiscal year with a $118.4-million deficit.
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COMPTROLLER LEMBO'S STATEMENT ON GOVERNOR'S PLAN TO ADDRESS BUDGET CHALLENGES
Budget | October 28, 2015

I applaud the Governor for announcing an action plan to address Connecticut’s immediate and long-term budget challenges. Refining that action plan – based on questions that I and others have – will be an important next step.
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COMPTROLLER LEMBO CALLS ON ALL INCUMBENT PROVIDERS TO JOIN ATLANTIC BROADBAND’S INFRASTRUCTURE INITIATIVE STATEWIDE
CT Gig Project | October 23, 2015

State Comptroller Kevin Lembo, in letters today to Connecticut’s broadband providers, called on them to rise to the challenge and lead the way on investments to bring affordable high-speed Internet to their entire service areas.
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COMPTROLLER LEMBO COMMENDS BIPARTISAN COLLABORATION ON STATE BUDGET SOLUTION
Budget | October 19, 2015

"The Governor's announcement today - calling for bipartisan state budget meetings - is the best path forward. Collaboration across branches, politics and agencies ensures that necessary spending cuts are made only after the most thoughtful and transparent process.
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COMPTROLLER LEMBO: "START SMALL, SAVE BIG" DURING NATIONAL RETIREMENT SECURITY WEEK
Retirement | October 19, 2015

Comptroller Kevin Lembo today joined employers across the country to recognize National Retirement Security Week - which runs Oct. 18-24 - to promote financial literacy and raise public awareness about the need to plan for retirement security.
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FISCAL YEAR 2015 IN REVIEW
Budget | October 8, 2015

Link to PDF report



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COMPTROLLER LEMBO REPORT TO FEDERAL DELEGATION: "INVESTIGATE AND REVERSE RUNAWAY PHARMACEUTICAL DRUG PRICES"
Health Care | October 7, 2015

Comptroller Kevin Lembo today, in a report to Connecticut's federal delegation, detailed the consequences of a runaway pharmaceutical drug marketplace that threatens to obstruct patient care and overcome health care budgets across the public and private sectors.
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COMPTROLLER LEMBO PROJECTS BALANCED BUDGET AFTER RESCISSIONS; URGES CAUTION ON TIMING OF PLANNED CUTS
Budget | October 1, 2015

Comptroller Kevin Lembo announced today that - following announced rescissions - the state could feasibly end Fiscal Year 2016 with a balanced budget, though he urged caution in the timing of those $102.8 million in planned cuts.
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COMPTROLLER LEMBO PROJECTS $800,000 SURPLUS FOR FISCAL YEAR 2016 WITH AN EYE ON FINANCIAL MARKETS AND OTHER REVENUE UNCERTAINIES
Budget | September 1, 2015

Comptroller Kevin Lembo announced today that the volatility of the financial markets complicates the budget outlook for Fiscal Year 2016 at this early stage, but said the state is currently on track to end the fiscal year with an $800,000 surplus.
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COMPTROLLER LEMBO RESTRICTS UNREGULATED AND UNTESTED COMPOUND DRUGS; REDUCES STATE'S MONTHLY COMPOUND DRUG COSTS BY $2 MILLION
Health Care | August 24, 2015

Comptroller Kevin Lembo today announced that new restrictions he implemented to curb a rapid rise in unregulated compound drug prescriptions through the state health plan have dramatically reduced state spending – by approximately $2 million per month – on certain questionable medications.
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COMPTROLLER LEMBO LAUNCHES FIRST IN SERIES OF HEALTH CONSUMER AWARENESS CAMPAIGNS: "EMERGENCY ROOMS ARE FOR EMERGENCIES"
Health Care | August 19, 2015

Comptroller Kevin Lembo this week launched the first in a series of health consumer awareness campaigns to encourage state employees, retirees - and all Connecticut residents - to shop smart for health care.
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COMPTROLLER LEMBO DELIVERS NEARLY 100 SCHOOL BAGS DONATED BY COMPTROLLER EMPLOYEES TO BE DISTRIBUTED TO FOSTER FAMILIES
Charitable Giving | August 18, 2015

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Comptroller Kevin Lembo today, joined by Waterbury and Department of Children and Families (DCF) officials, delivered nearly 100 book bags and school supplies to the DCF Regional Office in Waterbury.
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COMPTROLLER LEMBO: 2015 CT STATE EMPLOYEES' CAMPAIGN FOR CHARITABLE GIVING LAUNCHES TODAY WITH NEW ONLINE DONATION PORTAL
Technology | August 12, 2015

Comptroller Kevin Lembo announced that the 2015 Connecticut State Employees’ Campaign for Charitable Giving (CSEC) begins today – featuring a new online donation portal where state employees and retirees can easily donate online for the first time.
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COMPTROLLER LEMBO PROJECTS $70.9-MILLION DEFICIT FOR FISCAL YEAR 2015
Budget | August 3, 2015

Comptroller Kevin Lembo announced today that the state is on track to close Fiscal-Year 2015 (FY 15) with a $70.9-million deficit, noting that budget accruals will continue through August.
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COMPTROLLER LEMBO OPENS THE STATE'S FINANCIAL BOOKS WITH "OpenBudget"
Budget | July 15, 2015

Comptroller Kevin Lembo today launched "OpenBudget," a new online portal that allows the public to view how state spending and revenue is tracking against the state's actual budgeted amounts throughout the year.
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COMPTROLLER LEMBO REPORTS $115.7-MILLION DEFICIT FOR FISCAL YEAR 2015
Budget | July 1, 2015

Comptroller Kevin Lembo announced today that the state is on track to end Fiscal Year 2015 with a $115.7-million deficit.
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COMPTROLLER LEMBO: PLAN TO STABILIZE FUTURE BUDGETS AND END CYCLES OF CRISIS-DRIVEN CUTS AND TAX INCREASES BECOMES LAW
Policy | June 30, 2015

Comptroller Kevin Lembo announced that Gov. Dannel P. Malloy, as part of the larger budget document, has signed his proposal into law to reform the state's Budget Reserve Fund and stabilize Connecticut’s future budgets.
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COMPTROLLER LEMBO'S STATEMENT ON U.S. SUPREME COURT RULING ON SAME-SEX MARRIAGE
Policy | June 26, 2015

"What has been apparent to so many for so long has now been affirmed by the court: the premise that all people are equal and share the same rights and responsibilities.
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COMPTROLLER LEMBO'S STATEMENT ON U.S. SUPREME COURT RULING THAT UPHOLDS RIGHT TO ASSIST POOR AND MIDDLE-CLASS PEOPLE’S ACCESS TO HEALTH CARE
Policy | June 25, 2015

"As an early proponent of health-care reform, and as the administrator of the state's health-care plan, I am pleased with the decision of the U.S. Supreme Court.
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COMPTROLLER LEMBO COMMENDS GENERAL ASSEMBLY FOR ADOPTING MEASURE TO STABILIZE FUTURE BUDGETS AND END CYCLES OF CRISIS-DRIVEN CUTS AND TAX INCREASES
Budget | June 4, 2015

Comptroller Kevin Lembo commended the General Assembly today for adopting a proposal to reform the state's Budget Reserve Fund and stabilize Connecticut's future budgets.
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COMPTROLLER LEMBO PROJECTS $164.9-MILLION DEFICIT FOR FISCAL YEAR 2015
Budget | June 1, 2015

Comptroller Kevin Lembo announced today that the state is on track to end Fiscal Year 2015 with a $164.9-million deficit.
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COMPTROLLER LEMBO PROJECTS $161.7-MILLION DEFICIT FOR FISCAL YEAR 2015 FOLLOWING LAST MONTH’S RESCISSIONS
Budget | May 1, 2015

Comptroller Kevin Lembo announced today that, following the updated consensus revenue forecast released yesterday, the state General Fund is on track to end Fiscal Year 2015 with a $161.7-million deficit.
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COMPTROLLER LEMBO LAUNCHES "OpenCheckbook" WITH REAL-TIME STATE PAYMENT INFORMATION
Budget | April 30, 2015

Comptroller Kevin Lembo today launched "OpenCheckbook," a feature that allows the public to search real-time information about who received payments from the State of Connecticut for goods or services and how much they received.
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COMPTROLLER LEMBO APPLAUDS UNANIMOUS FINANCE COMMITTEE VOTE THAT ADVANCES PROPOSAL TO STABILIZE STATE BUDGETS THROUGH BUDGET RESERVE FUND
Budget | April 29, 2015

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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COMPTROLLER LEMBO SAYS STATE DEFICIT CLOSE TO MITIGATION; RECOMMENDS COLLABORATIVE DEFICIT REDUCTION PLANNING
Budget | April 1, 2015

Comptroller Kevin Lembo today projected a $172.8-million General Fund deficit for Fiscal Year 2015 – an amount just short of one percent of total appropriations, which would legally trigger a mandatory deficit mitigation plan, but close enough that Lembo recommended deficit reduction planning with the legislature proceed without delay. -- read more

CRSB RECEIVES $250,000 TO HELP FUND STUDY ON FEASIBILITY OF PUBLIC RETIREMENT PLAN FOR PRIVATE-SECTOR EMPLOYEES
Benefits | March 30, 2015

HARTFORD – The Connecticut Retirement Security Board (CRSB) has received a $250,000 donation from the Laura and John Arnold Foundation to help fund a market feasibility study of implementing a public retirement program for private-sector employees. -- read more

COMPTROLLER LEMBO TESTIFIES IN SUPPORT OF INCREASING RAINY DAY FUND CAP
Budget | March 27, 2015

Comptroller Kevin Lembo testified before the state legislature's Appropriations Committee at a public hearing today in support of legislation that would increase the cap on the state's Budget Reserve Fund - otherwise known as the "Rainy Day Fund" - to better protect the state budget during economic downturns. -- read more

COMPTROLLER LEMBO TESTIFIES ON AID IN DYING FOR TERMINALLY ILL PATIENTS
Benefits | March 18, 2015

Comptroller Kevin Lembo submitted testimony to the state legislature's Judiciary Committee today in support of protections that ensure safety and comfort for terminally ill patients and their families. -- read more

COMPTROLLER LEMBO ANNOUNCES PRELIMINARY AGREEMENT WITH ANTHEM AND UNITEDHEALTH TO ADMINISTER STATE HEALTH PLAN
Benefits | March 13, 2015

Comptroller Kevin Lembo today announced that the state has concluded its competitive bidding process and selected Anthem BlueCross and BlueShield and UnitedHealth Group to administer the state's self-insured medical benefits plan for state employees, retirees and their dependents. -- read more

COMPTROLLER LEMBO TESTIFIES ON HEALTH CARE COST TRANSPARENCY AND FACILITY FEES
Benefits | March 11, 2015

Comptroller Kevin Lembo, who oversees the state's health care plan, testified today in support of four legislative proposals to eliminate inappropriate health care fees and provide patients with greater access to information about health care costs and quality so that they can make informed health care choices. -- read more

CRSB SELECTS VENDORS FOR STUDY OF FEASIBILITY OF
PUBLIC RETIREMENT PLAN FOR PRIVATE-SECTOR EMPLOYEES

Benefits | March 6, 2015

HARTFORD – The Connecticut Retirement Security Board (CRSB) has concluded its competitive bidding process and has selected Boston College’s Center for Retirement Research to conduct a market analysis, and Mercer and Oliver Wyman to design a retirement program, conduct a financial feasibility study and provide general consulting services. Each designation is subject to successful contract negotiations. -- read more

COMPTROLLER LEMBO PROJECTS $101.2-MILLION DEFICIT FOR FISCAL YEAR 2015 DUE TO LOWER ESTIMATED INCOME TAX COLLECTIONS
Budget | March 2, 2015


Comptroller Kevin Lembo today announced that – following a key month for estimated income tax collections – the state is on track to end the fiscal year with a $101.2-million deficit. -- read more

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COMPTROLLER LEMBO ANNOUNCES PRELIMINARY AGREEMENT WITH PRUDENTIAL TO ADMINISTER STATE’S DEFINED CONTRIBUTION PLANS
Benefits | February 27, 2015


Comptroller Kevin Lembo today announced that the state has concluded its competitive bidding process and selected a new third-party administrator – Prudential Retirement – to manage the state’s three defined contribution plans. -- read more

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CONNECTICUT BROADBAND LEADERS TO WITNESS HISTORIC FCC VOTE ON INTERNET, DISCUSS CT ‘GIG’ PROJECT WITH FCC CHAIR
Technology | February 26, 2015

with FCC Chair Tom Wheeler

At the invitation of top officials from the Federal Communications Commission (FCC), a delegation of Connecticut state broadband leaders – Comptroller Kevin Lembo, state Senator Beth Bye (D-West Hartford), Consumer Counsel Elin Swanson Katz and state Broadband Policy Coordinator Bill Vallee – are attending today’s historic FCC vote at an open meeting of the FCC in Washington, D.C. -- read more

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COMPTROLLER LEMBO, MAYOR HARP JOINTLY TESTIFY IN SUPPORT OF STATEWIDE GIGABIT INITIATIVE
Technology | February 10, 2015


Comptroller Kevin Lembo and Mayor Toni N. Harp today jointly testified on a legislative proposal - An Act Concerning Gigabit Internet Access - that would support the development of ultra-high-speed gigabit Internet service statewide. -- read more


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COMPTROLLER LEMBO MEETS WITH ANTHEM OFFICIALS; CALLS FOR RAPID RESPONSE TO PROTECT CONSUMERS, INCLUDING STATE EMPLOYEES AND RETIREES
Technology | February 5, 2015


Comptroller Kevin Lembo announced that his office has met with Anthem, Inc. officials today to discuss remedies for Connecticut consumers - including more than 180,000 current and former state employees and retirees on the state health plan - whose information may have been compromised by an extensive cyber-attack. -- read more


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COMPTROLLER LEMBO PROJECTS $89.4-MILLION DEFICIT FOR FISCAL YEAR 2015 AFTER LATEST REDUCTIONS
Budget | February 2, 2015


Comptroller Kevin Lembo today reported that – following the latest reductions announced in January – the state is on track to end Fiscal Year 2015 with an $89.4-million deficit. -- read more

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CONNECTICUT RETIREMENT SECURITY BOARD ISSUES RFP TO CONDUCT STUDY ON FEASIBILITY OF PUBLIC RETIREMENT PLAN FOR PRIVATE-SECTOR EMPLOYEES
Benefits | January 28, 2015


State Comptroller Kevin Lembo and State Treasurer Denise L. Nappier, as co-chairs of the Connecticut Retirement Security Board (CRSB), announced a request for proposals (RFP) from vendors to conduct a market analysis and financial feasibility study on behalf of the board. -- read more


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COMPTROLLER LEMBO'S STATEMENT ON PRESIDENTIAL SUPPORT FOR BROADBAND INITIATIVES LIKE CONNECTICUT'S
Technology | January 14, 2015


“The President’s announcement this week – signaling strong support for broadband initiatives like Connecticut’s – is a pivotal move towards high-speed, low-cost Internet for all consumers and businesses. -- read more


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COMPTROLLER LEMBO ISSUES POLICY BRIEF: STABILIZE BUDGETS, MANAGE REVENUE VOLATILITY, REDUCE LIABILITIES AND PUT DOWNWARD PRESSURE ON SPENDING
Budget | January 13, 2015


Comptroller Kevin Lembo today released a detailed "white paper" - a policy brief and roadmap that proposes using the state's Budget Reserve Fund to stabilize Connecticut's future budgets, manage revenue volatility, reduce unfunded liabilities and put downward pressure on spending. -- read more


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COMPTROLLER LEMBO ANNOUNCES PROPOSAL TO STABILIZE FUTURE BUDGETS
Budget | January 5, 2015


Comptroller Kevin Lembo today announced a strategic legislative proposal to reform the state's Budget Reserve Fund formula - building a "recessionary seawall" to protect against the need for crisis-driven tax increases and program cuts during economic downturns, while putting downward pressure on spending during economic surges. -- read more


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COMPTROLLER LEMBO PROJECTS $31.6-MILLION DEFICIT FOR FISCAL YEAR 15
Budget | January 2, 2015


Comptroller Kevin Lembo today announced that the state is on track to end Fiscal Year 2015 with a $31.6-million deficit. -- read more


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LEMBO TESTIFIES AT BI-PARTISAN ROUNDTABLE ON HEALTH-CARE PROVIDER CONSOLIDATIONS, FACILITY FEES AND EMERGENCY ROOM CHARGES
Benefits | December 18, 2014

Comptroller Kevin Lembo today testified before the legislative Bi-Partisan Roundtable on Hospitals and Healthcare to discuss ongoing investigations into facility fees and emergency room (ER) charges resulting from health-care provider consolidations.-- read more

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COMPTROLLER LEMBO, , CONSUMER COUNSEL KATZ AND SEN. BYE REMIND MUNICIPALITIES: FRIDAY DEADLINE TO JOIN GIGABIT ECONOMIC DEVELOPMENT MOVEMENT
Technology | December 8, 2014


Comptroller Kevin Lembo, Connecticut Consumer Counsel Elin Swanson Katz and state Sen. Beth Bye (D-West Hartford) today urged all municipal leaders in Connecticut to act by Friday to join a growing coalition of cities and towns calling on providers to establish ultra-high-speed gigabit broadband in their communities. -- read more


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COMPTROLLER LEMBO PROJECTS $44.8-MILLION DEFICIT FOR FISCAL YEAR 15
Budget | December 1, 2014
 

Comptroller Kevin Lembo today announced that - following the latest consensus revenue forecast by the Office of Policy and Management (OPM) and Office of Fiscal Analysis (OFA) - the state is currently on track to end the fiscal year with a $44.8-million deficit.-- read more


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COMPTROLLER LEMBO ANNOUNCES PUBLIC HEARING, ONGOING INVESTIGATION INTO HEALTH CARE "FACILITY FEES"
State Health Benefits | November 25, 2014


Comptroller Kevin Lembo today announced a public hearing as part of an ongoing investigation into the consolidations of hospitals and other health care providers and their impact on the state health plan – particularly the increasing use of "facility fees." -- read more


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COMPTROLLER LEMBO ISSUES CALL TO ACTION BY ALL TOWNS AND CITIES TO JOIN GIGABIT MOVEMENT
Technology | November 24, 2014


Comptroller Kevin Lembo today announced that - in a letter to all municipal leaders in Connecticut - he delivered a call to action... -- read more


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COMPTROLLER LEMBO ANNOUNCES RFP FOR NEW MEDICAL BENEFITS CONTRACT
Benefits | November 21, 2014


Comptroller Kevin Lembo today announced a new request for proposals (RFP) to administer the state's self-insured medical benefits plan for state employees, retirees, and their dependents. -- read more


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COMPTROLLER LEMBO PROJECTS $300,000 SURPLUS FOR FY 15
Budget | November 3, 2014


Comptroller Kevin Lembo said early spending and revenue performance continue to indicate that Fiscal Year 2015 will close with a surplus of approximately $300,000. -- read more


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COMPTROLLER LEMBO: “START SMALL, SAVE BIG” DURING NATIONAL SAVE FOR RETIREMENT WEEK
State Retirement Benefits| October 20, 2014

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.
-- read more


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COMPTROLLER LEMBO SAYS ACTUARIAL REVIEW OF CLAIMS CONFIRMS $50 MILLION SAVINGS FIRST YEAR OF NEW PHARMACY CONTRACT
State Health Benefits | October 17, 2014

Comptroller Kevin Lembo today confirmed that the state - through its new pharmacy benefits contract with Caremark- spent $50 million less in Fiscal Year 2014 than it would have spent under the previous contract for the same claims, according to an actuarial review.
-- read more


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COMPTROLLER LEMBO, TREASURER NAPPIER REQUEST PUBLIC COMMENT ON PUBLIC RETIREMENT PLAN FOR PRIVATE SECTOR EMPLOYEES
Budget | October 10, 2014

State Comptroller Kevin Lembo and State Treasurer Denise L. Nappier, as co-chairs of the Connecticut Retirement Security Board (CRSB), today issued requests for public comment and information regarding the feasibility of a state-sponsored retirement plan for private sector employees.

-- read more

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COMPTROLLER LEMBO REPORTS FINAL $248-MILLION SURPLUS FOR FISCAL YEAR 2014; PROJECTS $300,000 SURPLUS FOR FY 15
Budget | October 1, 2014

Comptroller Kevin Lembo said early indications are that Fiscal Year 2015 will close with a surplus of $300,000 as the state's economy continues to post moderate monthly growth...

-- read more

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MAYORS SEEK PARTNERS TO DEVELOP GIGABIT INTERNET NETWORK IN CONNECTICUT; INVITE OTHERS TO JOIN THE EFFORT
 | September 15, 2014

-- Hartford, CT – New Haven Mayor Toni N. Harp, West Hartford Deputy Mayor Shari Cantor, Stamford Mayor David R. Martin and state Senator Beth Bye (D-West Hartford), state Comptroller Kevin Lembo and Consumer Counsel Elin Swanson Katz today issued a global call for companies and organizations to develop ultra-high-speed gigabit or “gig” Internet networks in the three cities.

-- read more

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COMPTROLLER LEMBO REPORTS $300,000 SURPLUS FOR FISCAL YEAR 2015
Budget | September 2, 2014

Comptroller Kevin Lembo today, in his first projection for the new fiscal year, said the state is on track to end Fiscal Year 2015 with a $300,000 surplus...

-- read more

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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...

-- read more

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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.

-- read more

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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.

-- read more

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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....

-- read more

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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 ...

-- read more

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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.

-- read more

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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.

-- read more

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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.

-- read more

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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.

-- read more

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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.

-- read more

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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.

-- read more

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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.
-- read more

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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
-- read more

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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.
-- read more

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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.
-- read more

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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).
-- read more

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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.
-- read more

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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).
-- read more

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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.
-- read more


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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.
-- view the presentation (PDF)

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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.
-- read more

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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).
-- read more

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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.
-- read more

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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.
-- read more

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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).
-- read more

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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.
-- read more

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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.
-- read more

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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.
-- read more

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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

-- read more

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

Man Up at the Brewfest
-- view on facebook

PHOTO: POLISH DAY AT THE STATE CAPITOL
Photos | May 9, 2013

Polish Day at the Capitol
-- view on facebook

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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.
-- read more

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PHOTO: WORKERS' MEMORIAL DAY
Photos | April 28, 2013

Workers Memorial Day
-- view on facebook

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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.
-- read more

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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.
-- read more

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PHOTO: GREATER NEW HAVEN CHAMBER OF COMMERCE
Photos | April11, 2013

greater New Haven Chamber of Commerce
-- view on facebook

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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.
-- read more

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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.
-- read more

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