Finance Advisory Committee (FAC)

CGS Sec. 4-87 and 10a-8(b) requires the Finance Advisory Committee (FAC) to approve transfers over $50,000 or ten percent of any specific appropriation (whichever is less) to or from any specific line item within an agency. The Committee meets on the first Thursday of each month, and consists of four executive members (Governor, Lt. Governor, Comptroller, and Treasurer) and five legislative members (three from the House and two from the Senate). The Office of Fiscal Analysis (OFA) is responsible for analyzing each agenda item and providing legislative members with a report providing additional information. These documents are found below. Please note that FAC meetings are not held every month.