OFFICE OF FISCAL ANALYSIS

Legislative Office Building, Room 5200

Hartford, CT 06106 (860) 240-0200

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

sSB-954

AN ACT CONCERNING THE DEVELOPMENT OF A PLAN FOR UNIVERSAL PRESCHOOL.

AMENDMENT

LCO No.: 7044

File Copy No.: 534

Senate Calendar No.: 280


OFA Fiscal Note

State Impact: None

Municipal Impact:

Municipalities

Effect

FY 18 $

FY 19 $

Local and Regional School Districts

Potential Savings

Significant

Significant

Explanation

This amendment results in a potential savings to towns by extending the existing minimum budget requirement (MBR) into FY 18 and FY 19 and also lifts the MBR caps for the biennium. Any savings would be predicated upon the exemptions a town would qualify for.

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.