Connecticut Gov. Dannel Malloy, left, talks with Vermont Gov. Peter Shumlin during a break at the New England Governors and eastern Canadian Premiers 38th annual conference, Monday, July 14, 2014, in Bretton Woods, N.H.
Credit AP Photo/Jim Cole
Connecticut Democratic Governor Dannel Malloy announced on Tuesday that the state ended its fiscal year in June with a $121.3 million budget surplus. The surplus is now nearly four times what the Malloy administration had projected just a month ago.