OFFICE OF FISCAL ANALYSIS
Legislative Office Building, Room 5200
Hartford, CT 06106 ↓ (860) 240-0200
AN ACT CONCERNING THE BUDGET FOR THE BIENNIUM ENDING JUNE 30, 2013.
LCO No.: 5770
OFA Fiscal Note
The amendment results in a savings of $10.6 million for FY 12 and future fiscal years through the elimination of the transfer to the Citizens' Election Program. The amendment also transfers the remaining balance at the end of FY 11 to the General Fund. The current fund balance of the Citizens' Election Fund is approximately $8 million.
The preceding Fiscal Impact statement is prepared for the benefit of the members of the General Assembly, solely for the purposes of information, summarization and explanation and does not represent the intent of the General Assembly or either chamber thereof for any purpose. In general, fiscal impacts are based upon a variety of informational sources, including the analyst's professional knowledge. Whenever applicable, agency data is consulted as part of the analysis, however final products do not necessarily reflect an assessment from any specific department.