Resource Center
The Resource Center contains all reports and materials created by the School and State Finance Project as well as a wide collection of reports, publications, and data from Connecticut and national sources. All original content produced by the School and State Finance Project is labeled as such. Materials produced by sources outside the organization are labeled accordingly in the title of resource.
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Budget Snapshot: Revenue in Finance, Revenue & Bonding Committee's Proposed Budget for FYs 2022 and 2023
Apr 23, 2021
School + State Finance Project Original Content
On April 22, 2021, the Connecticut General Assembly’s Finance, Revenue and Bonding Committee released a budget revenue proposal for fiscal years 2022 and 2023, which was later passed out of the Committee. To help individuals wade through the revenue package, we've put together a brief analysis examining the impacts on state revenue of the Finance, Revenue and Bonding Committee's proposal.
Student-Centered Funding System
Jan 27, 2021
School + State Finance Project Original Content
Although positive steps have been taken by the General Assembly over the past few years to improve how Connecticut funds K-12 public education, the state’s education finance system remains inequitable, disjointed, and inadequate for addressing the systemic racial disparities and wide gaps found in Connecticut education funding. These longstanding challenges are why we are working collaboratively with legislative, education, community, and municipal stakeholders across the state to advance a student-centered funding system.
Budget Snapshots: Governor Lamont's Proposed Budget for FYs 2022 and 2023
Mar 1, 2021
School + State Finance Project Original Content
On Wednesday, February 10, Governor Ned Lamont released his proposed budget for the next two fiscal years (FY 2022 and FY 2023). The governor's proposal is the first step in the development of Connecticut's biennial state budget. These budget snapshots provide a nonpartisan look at how the governor's budget compares to current spending and revenue levels, details the proposal's key policy changes, and provides estimated town-by-town runs for the Education Cost Sharing (ECS) grant.
Connecticut's State Budget Process
Feb 3, 2021
School + State Finance Project Original Content
This policy briefing provides a quick overview of Connecticut's biennial (two-year) budget process from the governor's initial proposed budget to a final product passed by the legislature and signed by the governor.
Racial Disparities in Connecticut Education Funding
Sep 17, 2020
School + State Finance Project Original Content
Connecticut's public school districts remain deeply segregated and significant funding gaps continue to exist between districts that predominantly serve students of color and districts that largely serve White student populations. These are two of the overarching findings from this School and State Finance Project report, which examines racial disparities in Connecticut education funding.
State Employee Bargaining Agent Coalition (SEBAC) Agreements
Jul 31, 2017
The State Employees Bargaining Agent Coalition (SEBAC) is made up of 15 public sector employee unions representing roughly 46,000 Connecticut state employees. SEBAC was recognized in 1986 under Conn. Acts 86-411 to negotiate with the State on healthcare and pension benefits for its individual unions’ active members, as well as retirees.
Annual Reports (Office of the State Treasurer)
Dec 31, 2020
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." The Annual Report also includes information about the "operations of the divisions of Cash Management, Debt Management, Pension Funds Management, Second Injury Fund and Unclaimed Property."
Actuarial Valuations for the Connecticut State Teachers' Retirement System (TRS)
Nov 5, 2020
Since 1984, the Connecticut State Teachers' Retirement System (TRS), at least once every two years, has undergone a review by actuaries who make valuations of the assets and liabilities of the System. The actuarial valuation report, which is submitted to the Teachers' Retirement Board, provides a summary of the funded status of the System and recommends annual rates for contributions made to the System by the State of Connecticut.
Reports on State Financial Operations - State Treasurer (Auditors of Public Accounts)
Dec 31, 2020
Annual report from Connecticut's Auditors of Public Accounts looking at "financial statements and certain other information of the Treasurer of the State of Connecticut as they pertain to the central accounting of state financial operations."
Analysis of State Education Funding in Adopted Biennial Budget, FYs 2020-2021
Jun 4, 2019
School + State Finance Project Original Content
On Tuesday, June 4, the Connecticut General Assembly adopted a biennial state budget for fiscal years 2020 and 2021, which was sent to Governor Ned Lamont for his signature. Included in the biennial budget are several changes to state education funding, including changes to funding levels for the Education Cost Sharing (ECS) grant, schools of choice, and other education grants. The Connecticut School Finance Project has prepared two documents that offer a brief overview of the state education funding and school finance changes contained in the biennial state budget adopted by the General Assembly.