Connecticut General Statutes 13a-175c – Allocation of sums from the General Fund to insure that towns receive no less than under prior law
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There shall be allocated from the resources of the General Fund, for distribution to the several towns, such sums as required to insure that none of said towns shall be allocated for any fiscal year less than the amount allocated to such towns for the fiscal year 1966-67 pursuant to § 13a-169 prior to July 1, 1967.
Terms Used In Connecticut General Statutes 13a-175c
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.