Please ensure Javascript is enabled for purposes of website accessibility

Filters

Resources

33 results - page 2 of 7

Connecticut Tax Expenditure Reports (Office of Fiscal Analysis)

Feb 1, 2024

In accordance with state statute, every other year, the Connecticut General Assembly's Office of Fiscal Analysis produces a report on the state's tax expenditures, which are defined as exemptions, exclusions, deductions, or credits that result in less tax revenue to the State or municipalities than they would otherwise receive.

Read More →

Consensus Revenue Estimates, 2009-Present (Office of Policy and Management and Office of Fiscal Analysis)

Jan 16, 2024

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.

Read More →

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.

Read More →

Annual Reports (Office of the State Comptroller)

Dec 29, 2023

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.

Read More →

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.

Read More →

Page 2 of 7

Stay Up-to-Date

Sign up to get new reports and the latest data sent right to your inbox.

We care about the protection of your data. Read our Privacy Policy.