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STATE OF CONNECTICUT MUNICIPAL ACCOUNTABILITY REVIEW BOARD PRAGUE SUBCOMMITTEE REGULAR MEETING NOTICE AND AGENDA Meeting Date and Time: Thursday, May 26, 2022, 12:30 PM 2:00 PM Meeting Location:This
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The municipal accountability review board is a state agency responsible for overseeing the fiscal management of municipalities in financial distress.
Municipalities experiencing financial distress are required to file with the municipal accountability review board.
To fill out the municipal accountability review board, municipalities must submit financial data and a financial recovery plan.
The purpose of the municipal accountability review board is to provide oversight and assistance to municipalities in fiscal distress to help them regain financial stability.
Information such as budget data, revenue sources, expenditures, debt, and financial forecasts must be reported on the municipal accountability review board.
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