State Budget Delivers Historic Tax Cuts and Critical Investments
June 7, 2023After months of negotiations, we delivered a two-year state budget that includes the largest income tax cut in state history and significant critical investments including additional funding for our schools.
The Budget We Passed Promotes Fiscal Stability & Responsibility
June 7, 2023After months of negotiations, the House of Representatives delivered a state budget that includes the largest income tax cut in the state’s history and significant increases in funding for local schools, also known as Education Cost Sharing (ECS) funds.
The Budget We Passed Promotes Fiscal Stability & Responsibility
June 6, 2023After months of negotiations, the House of Representatives delivered a state budget that includes the largest income tax cut in the state’s history and significant increases in funding for local schools, also known as Education Cost Sharing (ECS) funds.
Connecticut Receives Credit Rating Upgrade From Kroll
May 23, 2023Connecticut just received an upgraded credit rating from the Kroll Bond Rating Agency, which means that our General Obligation bond credit rating was upgraded from AA (stable) to AA+ (stable), just one step below the highest credit rating possible!
Breaking Down the State Budget Process
May 2, 2023We are more than halfway through the regular session, and this is the time of year when legislative activity picks up in the Connecticut General Assembly.
After weeks of holding public hearings, the Finance, Revenue, and Bonding Committee and Appropriations Committee approved their budget proposals (Appropriations handles the spending side and Finance handles the revenue side).
The next step…negotiations and compromise: Legislators will work with the Governor and his staff to craft the final budget agreement. The budget bill then goes before the House and Senate for consideration. After being passed by both chambers, the legislature’s final budget must then be signed into law by the governor before the end of the fiscal year, June 30.
Breaking Down the State Budget Process
April 20, 2023We are more than halfway through the regular session, and this is the time of year when legislative activity picks up in the Connecticut General Assembly.
After weeks of holding public hearings, the Finance, Revenue, and Bonding Committee and Appropriations Committee approved their budget proposals (Appropriations handles the spending side and Finance handles the revenue side).
Breaking Down the State Budget Process
April 14, 2023We are more than halfway through the regular session, and this is the time of year when legislative activity picks up in the Connecticut General Assembly.
After weeks of holding public hearings, the Finance, Revenue, and Bonding Committee and Appropriations Committee approved their budget proposals (Appropriations handles the spending side and Finance handles the revenue side).
The next step…negotiations and compromise: Legislators will work with the Governor and his staff to craft the final budget agreement. The budget bill then goes before the House and Senate for consideration. After being passed by both chambers, the legislature’s final budget must then be signed into law by the governor before the end of the fiscal year, June 30.
Breaking Down the State Budget Process
April 14, 2023We are more than halfway through the regular session, and this is the time of year when legislative activity picks up in the Connecticut General Assembly.
After weeks of holding public hearings, the Finance, Revenue, and Bonding Committee and Appropriations Committee approved their budget proposals (Appropriations handles the spending side and Finance handles the revenue side).
The next step…negotiations and compromise: Legislators will work with the Governor and his staff to craft the final budget agreement. The budget bill then goes before the House and Senate for consideration. After being passed by both chambers, the legislature’s final budget must then be signed into law by the governor before the end of the fiscal year, June 30.