Adopted Budget for Fiscal Year 2025
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The City of Hartford, Connecticut adopted its Fiscal Year 2025 budget document, which was submitted to the Government Finance Officers Association (GFOA) for potential recognition of a Distinguished Budget Presentation Award, following the city's receipt of this award for its FY2023 budget. The 367-page budget document serves as a comprehensive policy document, operational guide, financial plan, and communication tool, containing detailed sections on revenue forecasts, expenditure estimates by department, strategic initiatives, and five-year financial projections. The budget includes analysis of general property taxes, licenses and permits, intergovernmental revenue, and other funding sources to support city operations and services.
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This Annual Comprehensive Financial Report from the Connecticut State Comptroller's Office documents the state's financial position for the fiscal year ended June 30, 2025. The report was prepared by the Budget and Financial Analysis Division under the leadership of Michael J. Delaney and includes government-wide financial statements, management's discussion and analysis, and audited financial information. The document represents a comprehensive accounting of Connecticut's revenues, expenditures, assets, and liabilities compiled with the assistance of accounting personnel across state agencies, universities, and colleges.
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