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.
This nonpartisan analysis details changes to state education funding in the governor’s proposed budget for fiscal year 2027.
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.
This document provides an overview of the consensus revenue estimates released on April 30, 2025, and what they mean for the development of the biennial state budget for fiscal years 2026 and 2027. The April 30th consensus revenue estimates will serve as the foundation for the legislature’s revenue package in the final passed budget.
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.
On June 6, 2023, the Connecticut General Assembly passed a new state budget for fiscal years 2024 and 2025 that increases funding for K-12 education to historic levels. This nonpartisan, independent analysis summarizes policy and funding changes related to K-12 education that are included in the budget.