Resource Library

OLR Backgrounder: Connecticut's Volatility Cap

Bonding

Backgrounder from the Connecticut General Assembly's nonpartisan Office of Legislative Research that explains the volatility cap, and the related bond covenant requirement, which was passed as part of Connecticut's biennial budget for fiscal years 2018-19.

Citation

Pinho, R. (2018). OLR Backgrounder: Connecticut's Volatility Cap (2018-R-0041). Hartford, CT: Connecticut General Assembly, Office of Legislative Research. Retrieved from https://www.cga.ct.gov/2018/rpt/pdf/2018-R-0041.pdf.


Also tagged under: State Fund Balances State Revenues