EVERY DEBT CLOCKOfficial data through Jun 30, 2024 · annual
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Connecticut Debt Clock

Connecticut state and local governments owed $44,560,971,000 ($44.56 billion) at the end of fiscal year 2024 (Jun 30, 2024), according to the US Census Bureau, Annual Survey of State and Local Government Finances, table GS00LOCALFIN: $33.27 billion of state government debt and $11.29 billion of local government debt. That is $12,081.07 per resident: the debt divided by the Census Bureau's estimate of 3,688,496 Connecticut residents on Jul 1, 2025. The clock below starts from that official figure and projects forward at last year's pace (about $2.2M a day), the official change from Jun 30, 2023 to Jun 30, 2024. The Census Bureau reports Connecticut's state + local debt once a year, not daily, so the ticking number is a projection, not an official figure; it re-bases when the next annual reports come out.

Connecticut state + local debt · live
$46,436,096,421
+26/sec · +2.2M/dayrate: official change over the latest year (Jun 30, 2023 → Jun 30, 2024, 366 days); The Census Bureau reports once a year, so this is a projectionSince you opened this page: $0 more debt
Per resident (Census, Jul 1, 2025)$12,589.44
State debt · official Jun 30, 2024$33,266,071,000
Local debt · official Jun 30, 2024$11,294,900,000
PROJECTED · from Jun 30, 2024ANNUAL DATA · reported once a yearsource: US Census Bureau

What changed

Official annual totals, newest first · US Census Bureau · published once a year, after the fiscal year ends
NOW · projected
$46.44B
vs last official +$1.88B
per resident $12,589
FY2024 · Jun 30, 2024
$44.56B
year +$808.0M
state +$738.9M
local +$69.1M
per resident $12,081
FY2023 · Jun 30, 2023
$43.75B
year −$1.72B
state −$568.7M
local −$1.15B
FY2022 · Jun 30, 2022
$45.48B
year −$8.28B
state −$8.87B
local +$589.9M
FY2021 · Jun 30, 2021
$53.76B
year +$515.2M
state +$602.4M
local −$87.2M
FY2020 · Jun 30, 2020
$53.24B
year +$545.7M
state +$475.3M
local +$70.4M
FY2019 · Jun 30, 2019
$52.69B
year +$990.5M
state +$589.5M
local +$401.1M
FY2018 · Jun 30, 2018
$51.70B
year +$1.69B
state +$1.54B
local +$144.2M
FY2017 · Jun 30, 2017
$50.02B
earliest year shown
Connecticut state + local debt is reported once a year by the Census Bureau, about two years after the fact. Real borrowing happens in lumps when bonds are sold and is repaid on schedules, so the live number is a straight-line projection from the latest Census year, shown here next to the official totals.

Connecticut government debt

US Census Bureau · official as of Jun 30, 2024 · projected at last year's pace between annual reports
Connecticut state + local debt
$46,436,096,421
Per resident (Census pop.)$12,589.44
Official total$44.56B
+26/sec · +2.2M/dayPROJECTED · from Jun 30, 2024
State government debt
$34,980,783,559
Per resident (Census pop.)$9,483.75
Official$33.27B
+23/sec · +2.0M/dayPROJECTED · from Jun 30, 2024
Local government debt
$11,455,312,861
Per resident (Census pop.)$3,105.69
Official$11.29B
+2/sec · +188,855/dayPROJECTED · from Jun 30, 2024
Change over the latest official year
+$807,981,000
State debt+$738.9M
Local debt+$69.1M
Jun 30, 2023 → Jun 30, 2024FIXED · Jun 30, 2024
Projected growth per day
+$2,207,598
Per year (official)+$808.0M
Per resident per year+$219.05
+$25.55/secPROJECTED · from Jun 30, 2024

State government debt

US Census Bureau, Annual Survey of State and Local Government Finances, table GS00LOCALFIN (State and Local Government Finances by Level of Government: U.S. and States: 2017-2024), Debt - Total Debt Outstanding (LF0231) · official, Jun 30, 2024 · fixed
Long-term debt
$33,264,919,000
Per resident$9,018.56
100.0% of state debtFIXED · Jun 30, 2024
Short-term debt
$1,152,000
Per resident$0.31
0.0% of state debtFIXED · Jun 30, 2024

Local government debt

US Census Bureau, Annual Survey of State and Local Government Finances, table GS00LOCALFIN (State and Local Government Finances by Level of Government: U.S. and States: 2017-2024), Debt - Total Debt Outstanding (LF0231) · official, Jun 30, 2024 · fixed
Long-term debt
$10,835,455,000
Per resident$2,937.64
95.9% of local debtFIXED · Jun 30, 2024
Short-term debt
$459,445,000
Per resident$124.56
4.1% of local debtFIXED · Jun 30, 2024

Per resident

Census Bureau, Vintage 2025 state population estimates (NST-EST2025) · Jul 1, 2025
Debt per resident
$12,589.44
Official basis$12,081.07
Population3,688,496
+$0.60/dayPROJECTED · from Jun 30, 2024
State debt per resident
$9,018.87
official basisFIXED · Jun 30, 2024
Local debt per resident
$3,062.20
official basisFIXED · Jun 30, 2024
Connecticut population
3,688,496
+14,047 in the prior yearFIXED · Jul 1, 2025

History

Fixed official figures · US Census Bureau · these do not tick
FY2017 · OFFICIAL
State + local
$50.02B
State debt
$38.76B
Local debt
$11.26B
FY2018 · OFFICIAL
State + local
$51.70B
State debt
$40.30B
Local debt
$11.41B
FY2019 · OFFICIAL
State + local
$52.69B
State debt
$40.89B
Local debt
$11.81B
FY2020 · OFFICIAL
State + local
$53.24B
State debt
$41.36B
Local debt
$11.88B
FY2021 · OFFICIAL
State + local
$53.76B
State debt
$41.97B
Local debt
$11.79B
FY2022 · OFFICIAL
State + local
$45.48B
State debt
$33.10B
Local debt
$12.38B
FY2023 · OFFICIAL
State + local
$43.75B
State debt
$32.53B
Local debt
$11.23B
FY2024 · OFFICIAL
State + local
$44.56B
State debt
$33.27B
Local debt
$11.29B

Details

Full official tables

State government debt: $33,266,071,000

Official, fiscal year-end Jun 30, 2024 · US Census Bureau, Annual Survey of State and Local Government Finances, table GS00LOCALFIN (State and Local Government Finances by Level of Government: U.S. and States: 2017-2024), Debt - Total Debt Outstanding (LF0231) (Connecticut, Government type 'State', items LF0231 Total, LF0233 Long-term and LF0232 Short-term Debt Outstanding, survey year 2024; amounts published in $1,000)

PartAmount
Long-term debt outstanding (Census item LF0233)$33,264,919,000
Short-term debt outstanding (Census item LF0232)$1,152,000
Total$33,266,071,000

All debt of the Connecticut state government as Census defines it: long-term and short-term debt of the state and its dependent agencies, whatever the source of repayment. Census uses the same definition for every state.

Local government debt: $11,294,900,000

Official, fiscal year-end Jun 30, 2024 · US Census Bureau, Annual Survey of State and Local Government Finances, table GS00LOCALFIN (State and Local Government Finances by Level of Government: U.S. and States: 2017-2024), Debt - Total Debt Outstanding (LF0231) (Connecticut, Government type 'Local', items LF0231 Total, LF0233 Long-term and LF0232 Short-term Debt Outstanding, survey year 2024; amounts published in $1,000)

PartAmount
Long-term debt outstanding (Census item LF0233)$10,835,455,000
Short-term debt outstanding (Census item LF0232)$459,445,000
Total$11,294,900,000

All debt of Connecticut's counties, cities, towns, school districts and special districts, on the same Census definition. Census estimates local totals from a sample of local governments in most years (2022 was a full count, the Census of Governments); coefficient of variation for 2024: 0.70%.

By year (official)

Fiscal year-endState debtLocal debtCombinedChange
Jun 30, 2024$33,266,071,000$11,294,900,000$44,560,971,000+$808.0M
Jun 30, 2023$32,527,211,000$11,225,779,000$43,752,990,000−$1.72B
Jun 30, 2022$33,095,934,000$12,380,120,000$45,476,054,000−$8.28B
Jun 30, 2021$41,965,429,000$11,790,202,000$53,755,631,000+$515.2M
Jun 30, 2020$41,363,053,000$11,877,409,000$53,240,462,000+$545.7M
Jun 30, 2019$40,887,801,000$11,807,009,000$52,694,810,000+$990.5M
Jun 30, 2018$40,298,329,000$11,405,946,000$51,704,275,000+$1.69B
Jun 30, 2017$38,756,156,000$11,261,736,000$50,017,892,000—

How it works

Official annual figures · projection labelled · sources linked

The live number = latest official total + (last year's official change per second × seconds since that total). The Census Bureau publishes Connecticut's state + local debt once a year, not daily, so this is a projection between annual reports, not an official figure.

projected = 44,560,971,000 + 25.5509 × (seconds since Jun 30, 2024 11:59:59 PM CT)

The rate is each part's official change over its latest year, added up: state debt $33,266,071,000 − $32,527,211,000 = $738,860,000; local debt $11,294,900,000 − $11,225,779,000 = $69,121,000; combined $807,981,000 over 366 days = $25.55 per second. The actual path is lumpy (bonds are sold in batches and repaid on schedules), so the projection will drift; when new annual reports come out, the clock re-bases to the new official figures.

How often it's published. Annual. The Census Bureau's Annual Survey of State and Local Government Finances comes out about two years after the fiscal year (survey year 2024: July 2026; survey year 2023: July 2025). The next Census figures, for survey year 2025, are expected around mid-2027, based on the last two release dates.

Per resident divides by the Census Bureau's estimate of 3,688,496 residents on Jul 1, 2025. It is not projected forward, so the live per-resident figure rises only with the debt.

Note. Census publishes Connecticut's state + local total as $44.56 billion for 2024 (coefficient of variation 0.18%) and $43.75 billion for 2023. State + local here is exactly Census's state figure plus its local figure.

Note. Census's figures are the newest official state + local totals that use one definition for all 50 states, but they lag about two years, so the live clock projects from June 30, 2024. Connecticut's own audited report is fresher but is not used here: it covers a narrower scope and would not be comparable with the other states.

Note. Not included: unfunded pension and retiree-health liabilities, and the state's share of the federal debt.

Note. Connecticut's state fiscal year ends June 30. Census survey year 2024 covers each government's fiscal year that ended between July 1, 2023 and June 30, 2024; the clock dates it June 30, 2024, the end of that window.

Note. Figures from source tables may not add exactly because of rounding in the source.

Sources: US Census Bureau, Annual Survey of State and Local Government Finances, table GS00LOCALFIN (State and Local Government Finances by Level of Government: U.S. and States: 2017-2024), Debt - Total Debt Outstanding (LF0231) · Census Bureau, Vintage 2025 state population estimates (NST-EST2025) · US Census Bureau, 2024 State & Local Government Finance Datasets and Tables (release page) · US Census Bureau, 2024 Annual Survey of Local Government Finances methodology · Census data API download used for these figures (Connecticut)

Page built Oct 28, 2026 9:30 AM CT from the official figures above.

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