OFFICE OF FISCAL ANALYSIS

Legislative Office Building, Room 5200

Hartford, CT 06106 (860) 240-0200

http://www.cga.ct.gov/ofa

sHB-7019

AN ACT CONCERNING THE MINIMUM BUDGET REQUIREMENT.


OFA Fiscal Note

State Impact: None

Municipal Impact:

Municipalities

Effect

FY 16 $

FY 17 $

All Municipalities

Potential Savings

See Below

See Below

Explanation

The bill results in a potential savings to municipalities in FY 16 and FY 17 by allowing for a reduction in education expenditures attributable to falling enrollments or documentable efficiencies.

The Out Years

There is no fiscal impact in the out years as the bill pertains to FY 16 and FY 17.