The state budget surplus for this fiscal year has more than doubled to an estimated $486.5 million from last month as an improving economy brings in more tax revenue, Gov. M. Jodi Rell said Tuesday.
The estimate by the governor's budget office jumped from $220.1 million last month and is more than half the $940.5 million surplus compiled in the year that ended June 30. (AP)
Plans for the surplus include the creation of a money bin for the governor to swim in.
"State surplus balloons to $486.5 million." Associated Press 21 November, 2006.