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.
Monthly reports from the Connecticut General Assembly's Office of Fiscal Analysis detailing its most recent estimated General Fund budget projections.
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.
Tax incidence is a method of analysis that examines the impact of taxation. The tax incidence report from Connecticut's Department of Revenue Services (DRS) examines the impact of taxes on Connecticut households, analyzes the "results of the interplay of tax impacts," and provides an overview of Connecticut's tax environment.
On Wednesday, February 7, 2024, Governor Ned Lamont released his proposed budget adjustments for fiscal year 2025 to the Connecticut General Assembly. This resource contains documents related to these proposed adjustments.
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.