Fiscal Policy

Fiscal Policy

The League of Women Voters of Connecticut supports the state budget as an effective policy-making tool of the state government, bonds as funding for long-term capital projects, and state funding intervention in specified programs.
Position History: 

Adopted 1981; amended and affirmed 2003; archived in part 2013.

Background

The League of Women Voters of Connecticut supports the following components of the state's fiscal policy:

  • The state budget should be an effective policy-making tool of the state government. The budget should be based on uniform accounting and reporting procedures and should identify all money available to the state. Such budget should contain clearly stated goals accompanied by enough detail to enable priority setting among programs; financial data on past performance in meeting goals; economic impact data and program costs.
  • Bonds should be used only for long-term capital projects and never for current expenditures.
  • The state should fund at least 50% of the Educational Cost Share grant, increased state funding for special education costs, and fully fund the PILOT (Payment in Lieu of Taxes) for state-owned properties.
  • Should inadequate revenues be generated by the current state tax system to fund the budget, additional revenues should come from increasing the progressivity of the income tax.
League to which this content belongs: 
Connecticut