Budgeting and Appropriations | Biennial enactment of two 12-month budgets; fiscal year begins July 1. ConnDOT submits budget requests to the executive branch Office of Policy and Management, which prepares the governors budget proposal and submits it to the General Assembly for review and approval. |
Bonding or Pay-as-You-Go | Combination of bonding and pay-as-you-go financing |
State-Level Funding Provided for DOT Budgets | FY 2011 (approved): $516.9 million |
Allocation of Federal Transportation Funds to the DOT | Federal transportation funds flow directly to ConnDOT from the U.S. DOT with no state legislative involvement. |
Allocation of State Transportation Funds to the DOT | State transportation funds are allocated to ConnDOT through a legislative appropriation at the program/category level. |
Traditional State Funding and Finance for Highways | Fuel taxes; additional sales taxes on gasoline or diesel; motor vehicle/rental car sales taxes; vehicle registration/license/title fees; truck weight fees; interest income; statutory transfers from the general fund; general obligation bonds. |
State Funding and Finance for Other Modes | State-owned and -operated public transit: Bond proceeds; appropriations from the Special Transportation Fund, to meet shortfalls in fare collections. |
Innovative Transportation Funding and Finance | GARVEE bonds; design-build (reported in survey; no authorizing statute found). |
Dedicated/Restricted State Funds and Revenues | The Special Transportation Fund receives revenues from various sources and is statutorily dedicated to debt service; payment of general obligation bonds for transportation purposes; and appropriations to ConnDOT, the Department of Motor Vehicles or the Department of Public Safety for members of the Division of State Police (Conn. Gen. Stat. Ann. §§13b-59 et seq.). |
DOT Authorized to Retain Surplus Funds | Yes. The Connecticut Special Transportation Fund maintains a cumulative surplus that is carried forward each year. |
Legislative Approval Required to Move Funds Between Projects | Yes, inasmuch as bond acts must be revised to reflect changes in state-funded capital projects. |
Transportation Funding Allocations through Local Aid | Allocations generally are given through state legislative appropriations-which can be appropriated only from state funding sources-and ConnDOT allocation of funds by formula. A certain amount of funding is allocated to towns through the Town Aid program and is distributed by a statutory formula based on miles of improved road and population (Conn. Gen. Stat. Ann. §§13a-175a et seq.). Connecticut does not have organized county governments. |