Budget Snapshots: Adjusted Budget for FY 2023
May 4, 2022 - less than 1 minute
On May 3, 2022, the Connecticut General Assembly passed an adjusted state budget for fiscal year 2023. This budget amends the biennial state budget passed by the General Assembly on June 17, 2021.
To help better understand what's in the adjusted budget for FY 2023, we've put together two brief analyses examining the impacts of the adjustments on education funding and state revenue.
These budget snapshots provide a nonpartisan look at how the adjusted budget for FY 2023 compares to current and budgeted spending and revenue levels, detail key policy changes, and provide estimated town-by-town runs for the Education Cost Sharing (ECS) grant.
Citations
School and State Finance Project. (2022). Budget Snapshot: Education Funding in Adjusted State Budget for FY 2023. Hamden, CT: Author. Retrieved from https://ctschoolfinance.org/resource-assets/FY-2023-Adjusted-Budget-Snapshot-Education.pdf.
School and State Finance Project. (2022). Budget Snapshot: Revenue in Adjusted State Budget for FY 2023. Hamden, CT: Author. Retrieved from https://ctschoolfinance.org/resource-assets/FY-2023-Adjusted-Budget-Snapshot-Revenue.pdf.
