The proposed legislation, General Assembly Raised Bill No. 276, mandates that municipalities in Connecticut post monthly reports detailing their revenue and expenditures on their official websites. This requirement will take effect on October 1, 2026, with the first report due by January 15, 2027. The reports must include budget allocations, expenditures for each municipal department, projected revenue, and actual revenue received, all pertaining to the preceding month.

Additionally, the bill specifies that these reports must be made available in both portable document format (PDF) and comma-separated value (CSV) format, ensuring they are easily accessible and searchable. Municipalities are required to maintain these reports on their websites for a minimum of three years. The bill aims to enhance transparency and accountability in municipal financial reporting.