Municipal Gap Collaboration Project with Federal Reserve Bank of
In early 2014, PRI was asked by the M.O.R.E. Commission’s Municipal Tax Authority Subcommittee to conduct a municipal gap analysis for Connecticut, similar to one completed in recent years by the New England Public Policy Center of the Federal Reserve Bank of Boston for Massachusetts. PRI contacted NEPPC and learned that NEPPC would be willing to assist in a similar project in Connecticut, at no cost, provided certain data were available.
After considerable review of and work with currently available data, NEPPC determined it could proceed with a Connecticut-focused study of municipal fiscal disparities. In early September 2014, PRI and NEPPC entered into a Memorandum of Agreement to have NEPPC do the analysis, to be completed in spring 2015.
On Friday, May 8, 2015, in Room 2C LOB at 2:00 p.m., the PRI Committee received a Connecticut-focused municipal gap research presentation from the New England Public Policy Center of the Federal Reserve Bank of Boston.