We know many Connecticut businesses are struggling as they deal with the effects of COVID-19. We appreciate their perseverance and know they share our commitment to keeping our residents healthy. The state, working with its federal partners, has several programs and initiatives in place to assist businesses during this difficult period. For specific questions related to small business, email the Joint Information Center at COVID19.JIC@ct.gov, or call the DECD small business hotline at 860-500-2333. Individuals can call 2-1-1 for more information.

About Financial Review & Compliance

Overview

The Department of Economic and Community Development is committed to fulfilling its fiduciary responsibilities to the people of the state to ensure that recipients of state financial assistance fulfill their compliance and contractual obligations.

The Office of Financial Review and Compliance provides financial reviews of potential economic, community and housing development projects to be funded by the department, and it is also responsible for compliance monitoring to assure adherence to audit statutes and regulations, and contractual obligations for activities funded by DECD. 


Our Initiatives

  • Compliance reviews to make sure funding recipients fulfill statutory, regulatory and contractual requirements
  • Audit requirements to ensure that audits conducted for recipients of state and federal programs meet all reporting obligations
  • Financial reviews for due diligence, including background investigations; review of legal, functional and organizational structures; financial statements; and Economic Impact Analyses

Contact

For information, contact Stephen Pons at (860) 500-2409 or stephen.pons@ct.gov.