The Task Force to Study Special Education Services and Funding was created by the Connecticut General Assembly to examine a variety of issues related to special education. Specifically, the Task Force looked at the state's severe special education staffing shortage, the lack of resources for special education, the lack of equity in special education across the state, and the failure to close the state's achievement gap.
Each year, as required by state statute, the State Comptroller releases a report detailing the balances for the State's various funds. This report also details realized revenue versus budgeted revenue for specific State funds.
Since 1984, the Connecticut State Teachers' Retirement System (TRS), at least once every two years, has undergone a review by actuaries who make valuations of the assets and liabilities of the System. The actuarial valuation report, which is submitted to the Teachers' Retirement Board, provides a summary of the funded status of the System and recommends annual rates for contributions made to the System by the State of Connecticut.
Each November, in accordance with state statute, the Connecticut General Assembly's Office of Fiscal Analysis produces a Fiscal Accountability Report. According to statute, the report must explain: (1) the level of spending changes from current year spending allowed by consensus revenue estimates, (2) any changes to current year spending necessary because of “fixed cost drivers,” and (3) the total change to current year spending required to accommodate fixed cost drivers without exceeding current revenue estimates.
Since 1970, the Connecticut State Employees Retirement System (SERS), almost annually, has undergone a review by actuaries who make valuations of the "contingent assets and liabilities" of the System. The actuarial valuation report, which is submitted to the State Employees Retirement Commission, provides a summary of the funded status of the System and recommends annual rates for contributions made to the System by the State of Connecticut.
Each year, in accordance with state statute, Connecticut's Office of Policy and Management produces a Fiscal Accountability Report outlining "significant factors affecting Connecticut’s budgetary and economic outlook." The purpose of the annual report is to inform policymakers about 1) Connecticut's fiscal state and 2) the financial and economic challenges the state currently faces and/or will potentially encounter in the future.