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Issue Brief and Backgrounder: Connecticut's Volatility Cap (Office of Legislative Research)

Jan 12, 2024

Issue brief and backgrounder from the Connecticut General Assembly's nonpartisan Office of Legislative Research that explains the volatility cap, and the related bond covenant requirement, which was initially passed as part of Connecticut's biennial budget for fiscal years 2018-19.

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Fiscal Accountability Reports (Office of Fiscal Analysis)

Nov 20, 2023

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.

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Fiscal Accountability Reports (Office of Policy and Management)

Nov 20, 2023

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.

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Connecticut State Budget Books (Office of Fiscal Analysis)

Oct 5, 2023

This resource contains the complete budget books, produced by the Connecticut General Assembly's Office of Fiscal Analysis, for the State of Connecticut from fiscal year 1973 to fiscal year 2025.

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FY 2023 Monthly Estimated Budget Projections, Revenue Estimates, and Expenditure Details (Office of Fiscal Analysis)

Jun 26, 2023

Monthly reports from the Connecticut General Assembly's Office of Fiscal Analysis detailing its most recent estimated General Fund budget projections, revenue estimates, and expenditure details for fiscal year 2023.

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