Annual Report

The Connecticut Green Bank issues an annual report to the Connecticut Department of Energy and Environmental Protection, the Connecticut General Assembly’s Energy & Technology Committee, and all local elected officials in cities and towns throughout Connecticut.

The Board of Directors of the Connecticut Green Bank has issued the following annual reports:

• Connecticut Green Bank FY 2020 Annual Report
• Connecticut Green Bank FY 2019 Annual Report
• Connecticut Green Bank FY 2018 Annual Report
• Connecticut Green Bank FY 2017 Annual Report
• Connecticut Green Bank FY 2016 Annual Report
• Connecticut Green Bank FY 2015 Annual Report
• Connecticut Green Bank FY 2014 Annual Report
• Connecticut Green Bank FY 2013 Annual Report
• Connecticut Green Bank FY 2012 Annual Report

For earlier annual reports – click here.

Comprehensive Annual Financial Report

The Connecticut Green Bank also issues an audited Comprehensive Annual Financial Report (CAFR) that is compiled by the accounting staff and audited by an external certified public accounting firm in accordance with generally accepted accounting principles.  A CAFR submitted to the Government Finance Officers Association (GFOA) which is awarded Certificate of Achievement for Excellence in Financial Reporting represents the highest award in government financial reporting. Included in the CAFR are the public benefits estimated to have been achieved through the Connecticut Green Bank’s use of its financial resources.

The Board of Directors of the Connecticut Green Bank issued the following audited CAFRs:

• Connecticut Green Bank FY 2020 Comprehensive Annual Financial Report
• Connecticut Green Bank FY 2019 Comprehensive Annual Financial Report (Certificate of Achievement)
• Connecticut Green Bank FY 2018 Comprehensive Annual Financial Report (Certificate of Achievement)
• Connecticut Green Bank FY 2017 Comprehensive Annual Financial Report (Certificate of Achievement)
• Connecticut Green Bank FY 2016 Comprehensive Annual Financial Report (Certificate of Achievement)
• Connecticut Green Bank FY 2015 Comprehensive Annual Financial Report (Certificate of Achievement)
• Connecticut Green Bank FY 2014 Comprehensive Annual Financial Report (Certificate of Achievement)

It should be noted that the Connecticut Green Bank has received a Certificate of Achievement from the GFOA for the above Comprehensive Annual Financial Reports.

For earlier audited financial statements – click here.

Reports on the Progress on the Residential Solar Investment Program (RSIP)

• RSIP Legislative Report 2021
• RSIP Legislative Report 2019
• RSIP Legislative Report 2017
• RSIP Legislative Report 2014

Auditors of Public Account

The office of the Auditors of Public Accounts (APA) is a legislative agency of the State of Connecticut whose primary mission is to conduct audits of all state agencies, including quasi-public agencies. Included in such audits is an annual Statewide Single Audit of the State of Connecticut to meet federal requirements. The office is under the direction of two state auditors appointed by the state legislature. The APA audited certain operations of the Connecticut Green Bank in fulfillment of its duties under Sections 1-122 and Section 2-90 of the Connecticut General Statutes.

• Fiscal Years 2016 and 2017 (Issue Date: July 31, 2019)
• Fiscal Years 2014 and 2015 (Issue Date: February 15, 2018)
• Fiscal Years 2012 and 2013 (Issue Date: November 8, 2014)

Open Connecticut

Open Connecticut centralizes state financial information to make it easier to follow state dollars. In Connecticut quasi-public agencies are required to submit annual reports to the legislature, including a summary of their activities and financial information.  In addition, the comptroller’s office requested that quasi-public agencies voluntarily provide checkbook-level vendor payment data for display on Open Connecticut.  The Connecticut Green Bank has voluntarily submitted this information since the inception of Open Connecticut. To access this information, click here.