State Budget Update

May 18, 2017

This week Senate Republican lawmakers released a revised line-by-line state budget proposal that does not rely on new taxes.

 We are proud to offer a budget proposal that continues to protect municipalities, provide funding for core social services, support our state’s transportation needs, and increase funding for education to towns and cities across the state.

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The updated two-year proposal does the following:

  • Closes the state budget deficit without tax increases
  • Increases education funding by $170 million in the first two years and includes a new Education Cost Sharing formula
  • Reformulates municipal funding and holds towns harmless in the first year to cuts to statutory grants
  • Streamlines government
  • Provides for structural changes
  • Maintains the tax exempt status for hospitals to protect them from a new local hospital tax
  • Preserves core government services by restoring funding for social services such as Meals on Wheels, mental health care and substance abuse treatment
  • Prioritizes transportation needs and stabilizes funding without tolls or new taxes
  • Lowers taxes for retirees and helps seniors age in place
  • Enhances funding for state parks and tourism

Bottom line:  We have a plan to get CT out of this fiscal mess and get us back on a path to sustainability, predictability, stability and economic growth.

A full summary of the updated “Confident Connecticut” budget is available here.

Line-by-line details available at www.ctsenrepublic.wpengine.com.