Connecticut state statute directs the secretary of the Office of Policy and Management and the director of the General Assembly's Office of Fiscal Analysis to agree on and issue consensus revenue estimates each year by November 10, and to issue any necessary consensus revenue revisions of those estimates in January and April.
The estimates must cover the current biennium and the three following years. The consensus revenue estimates and revised estimates must (1) serve as the basis for the governor's proposed budget and for the revenue statement included in the final budget act passed by the General Assembly to indicate the budget is balanced, and (2) be included in the annual fiscal accountability reports submitted to the General Assembly's fiscal committees each November.
Citation for Most Recent Consensus Revenue Estimates
Beckham, J.R., & Wysock, R. (2024). Consensus Revenue - November 12, 2024. Hartford, CT: State of Connecticut, Office of Policy and Management. Retrieved from https://portal.ct.gov/governor/-/media/opm/bud-other-projects/reports/consensus_revenue/fy-2025/final_consensus_nov12_2024.pdf?rev=6e74093ee1734ab5a267e6428a5ce7a0&hash=B6620CEC5CC500833FA5580D63650A9A.