Monthly reports from the Connecticut General Assembly's Office of Fiscal Analysis detailing its most recent estimated General Fund budget projections.
At, or near, the beginning of each month, the state comptroller provides a budget update to the governor. The budget update provides financial statements for the General Fund and the Special Transportation Fund, and includes the comptroller's projection for any budget deficits or surpluses.
Monthly reports from the Connecticut General Assembly's Office of Fiscal Analysis detailing its most recent estimated General Fund budget projections.
On or before the 20th day of each month, Connecticut's Office of Policy and Management, in compliance with section 4-66 of the state's General Statutes, provides the state comptroller with a forecast of revenues and expenditures for the state's General Fund.
This resource includes reports from the 14-member Commission on Fiscal Stability and Economic Growth, which was initially created as part of the biennial budget for fiscal years 2018-19 (Conn. Acts 17-2 (June Special Session)). After issuing its first report with recommendations in March 2018, the Commission members (acting as a private group) released a second report with revised recommendations on November 28, 2018. The Commission's charge was to "develop and recommend policies to achieve state government fiscal stability and promote economic growth and competitiveness within the state."
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.