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Area legislator touts strength of Conn. Rainy Day Fund

A local lawmaker is concerned about an alternative plan to fund transportation infrastructure improvements in Connecticut.  Kent Representative Maria Horn says the money shouldn't come from the state's Rainy Day Fund, which is at it's largest amount in state history.  She notes that right now, the balance is 14 percent of annual expenses.  Horn added that the average in the country is about 7.6 percent.  Connecticut is the 9th strongest state in the country in terms of savings.  When the budget reserve reaches 15-percent, revenue that would have gone into the Rainy Day Fund, the dollars will instead be used to pay off the state's unfunded pension liability. 

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