As districts work to meet increasing student needs and maintain high-quality educational programs, the purchasing power of state and local dollars has eroded under the cumulative effects of persistent inflation. To understand how rising costs are impacting students and teachers in the classroom, we conducted interviews with leaders across 18 school districts.
To help you navigate the revised state budget for fiscal year 2027, we've put together an analysis detailing all the education funding changes in the budget and what they mean for students in your community and across the state. Additionally, we've created a resource that lists the additional state education funding each town will receive and explains how that funded was calculated and will be distributed.
This nonpartisan analysis details these changes to state education funding in the governor’s proposed budget for fiscal year 2027 and provides a brief overview of the general fiscal outlook of the state budget and economy.
The State of Connecticut has several budget controls, commonly referred to as “fiscal guardrails,” which it has committed to bondholders to maintain through at least fiscal year 2028. These budget controls include the bond cap, revenue cap, spending cap, and volatility cap.
Consensus revenue estimates play a key role in both the execution of the state’s budget as well as the state budget development process. This frequently asked questions document provides an overview of Connecticut’s consensus revenue estimates, when and how they are issued, their role in the state budget process, and possible expectations for the latest revised estimates scheduled to be released at the end of April 2025.
As part of the biennial budget for fiscal years 2018-19, the Connecticut General Assembly passed two fiscal accountability measures, known as the spending cap and the volatility cap. During the 2023 legislative session, the legislature renewed and made several changes to these caps. This resource includes policy briefings on the spending and volatility caps enacted in FY 2018 as well as what changes were made to the caps in 2023.