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.
Published annually by the State Comptroller, this report provides a detailed look at the state's finances and provides insight into Connecticut's overall fiscal health. Included in the yearly report are fund balances as well as information on items impacting Connecticut's fiscal situation, including the state's cash deposits and investments, current liabilities, long-term debt, state retirement systems, and capital assets.
Every year, Connecticut's Department of Revenue Services releases a report providing an overview of the State's taxes and the revenue Connecticut has collected. Included in this annual report is a summary of legislation passed during the previous Connecticut legislative session that impacts taxes. For each tax, the report provides a brief description of the tax and includes details such as: revenue generated from the tax, basis and rate of the tax, number of taxpayers and filing frequency, and exemptions to the tax.
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.
Each year, in accordance with state statutes, the Office of the State Treasurer releases an Annual Report that includes "quantitative data, explanatory comments, and financial information regarding the Connecticut Retirement Plans and Trust Funds; the Short-Term Investment Fund; and the Connecticut Higher Education Trust, Connecticut’s 529 College Savings Program."
This annual report from Connecticut's Office of the Treasurer provides data and information about Connecticut's Combined Investment Funds (CIF). According to the Office of the Treasurer, the "CIF were established as a means to invest pension and trust fund assets entrusted to the Treasurer in a variety of investment classes," and the CIF's primary purpose is to help the State pay its pension obligations.