Monthly reports from the Connecticut General Assembly's Office of Fiscal Analysis detailing its most recent estimated General Fund budget projections.
On Wednesday, February 8, 2023, Governor Ned Lamont released his budget proposal for fiscal years 2024 and 2025 to the Connecticut General Assembly. This resource contains documents related to these proposed adjustments.
Prepared by Connecticut's Office of Policy and Management, this document includes demographic and education data for each of the state's 169 municipalities. Also included in the document is statutory formula aid for each city and town from FY 2011 - FY 2019 as well as historical information about each city and town's mill rate, state aid per capita, fund balance, expenditures, and revenue.
In response to a request from Governor Dannel P. Malloy on August 2, 2017, this report from the Office of Policy and Management provides a look at state aid to municipalities, including expenditures from grants and funding for capital projects. The report notes that "municipal aid is the largest category of state spending within the entire General Fund, totaling nearly $5.1 billion" in fiscal year 2017. The report also stresses that "municipal aid has continued to expand at the same time the state has cut billions of dollars in expenditures across state agencies." Additionally, according to the report, "over the last five fiscal years the state’s support to towns and cities has grown by nearly $1 billion, an increase of more than 21 percent. This has taken place while the state’s population has remained largely flat and student enrollment in public schools is down."
This report examines whether the common narrative that "young people” and the “wealthy” are leaving Connecticut is substantiated by the data. The report examines a variety of publicly available data sources to ascertain Connecticut's migration trends and answer the following questions: 1) What is driving Connecticut’s recent population declines?; 2) Is Connecticut unique in these declines?; and 3) Who is migrating in and out from Connecticut on three dimensions - age, educational attainment, and income?
On February 3, 2010, Governor M. Jodi Rell issued an executive order establishing the State Post-Employment Benefits Commission to examine the unfunded liabilities, costs, and budgetary impacts associated with the State's public pension systems and other post-employment benefits (OPEB). The governor executive order charged the Commission with delivering a report that: 1) identified the amount and extent of unfunded liabilities for pensions and other post-employment benefits; 2) compared and evaluated the advantages and disadvantages of various approaches for addressing unfunded pension liabilities and post-employment benefits; and 3) Proposed short and long-term plans for addressing unfunded pension liabilities and post-employment benefits.