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Lengthy CT budget debate leaves capital program low on cash

NOVEMBER 27, 2017 | by Keith Phaneuf | CONNECTICUT MIRROR

By Keith Phaneuf, includes “It’s been nearly three years since Connecticut has had to dip into funds for capital projects to pay its operating bills. But thanks to the long-running state budget impasse, the state’s cash flow problems could be back — in a slightly different way. State Treasurer Denise L. Nappier warned in her most recent monthly debt report that this time around, Connecticut might need to temporarily transfer operating funds to cover its capital program.”

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