Monthly reports from the Connecticut General Assembly's Office of Fiscal Analysis detailing its most recent estimated General Fund budget projections.
Hartford Superior Court Judge Thomas Moukawsher ruled partially in favor of the Connecticut Coalition for Justice in Education Funding in a lengthy, wide-reaching decision regarding Connecticut's school finance system. Judge Moukawsher found several parts of Connecticut's education system, including how the State distributes education aid, and gave the State 180 days to submit proposed changes to address the parts of Connecticut's education system that he found unconstitutional.
Established by section 137 of Conn. Acts 14-217, the State Tax Panel was created to "review the state's overall state and local tax structure." The 22-member panel, which consisted of 14 voting members deemed experts in "tax law, tax accounting, tax policy, economics and state, local and business finance," released its final report and recommendations in late December 2015.
This issue brief, based on a November 2015 comprehensive report from researchers at the Center for Retirement Research at Boston College, examines Connecticut's State Employees Retirement System (SERS) and the State's significant unfunded liabilities associated with the system. Along with providing a brief history of funding for SERS and offering alternatives meant to shore up the system's finances and improve the overall flexibility of Connecticut's budget, the issue brief examines three major factors that contributed to SERS' unfunded liability. These factors include: 1) legacy costs from benefits promised before the systems were pre-funded; 2) inadequate contributions once the State decided to pre-fund; and 3) low investment returns relative to the assumed return since 2000.
A comprehensive report, from researchers at the Center for Retirement Research at Boston College, that examines the fiscal health of Connecticut's two largest public sector retirement systems: the State Employees Retirement System (SERS) and the Teachers' Retirement System (TRS). In addition to projecting the systems' finances going forward and presenting "alternatives to shore up the systems' finances and improve budget flexibility," the report, which was requested by the State of Connecticut, looks at the State's unfunded liabilities for both systems and the factors that have caused those unfunded liabilities to increase significantly over the years. The report finds "[t]hree factors underlie the current unfunded liability of SERS and TRS: 1) legacy costs from benefits promised before the systems were pre-funded; 2) inadequate contributions once the State decided to pre-fund; and 3) low investment returns relative to the assumed return since 2000."
Data and analysis from the Connecticut State Department of Education on English Learners during the 2009-10, 2011-12, and 2014-15 school years. Bulletins details level of support services as well as test scores and demographic breakdowns.