Bill > HB05513

This bill proposes to amend Connecticut's education cost-sharing (ECS) grant formula to provide financial protection for towns by ensuring they will not receive less funding in future years than they received in the fiscal year ending June 30, 2025. Specifically, the bill introduces a "hold harmless" provision that guarantees each town will receive at least the same total grant amount they received during that fiscal year, even if changes to the grant formula might otherwise reduce their funding. The ECS grant is a state funding mechanism designed to support local education expenses, and this amendment aims to provide stability and predictability for municipal budgets by preventing potential funding decreases. By establishing this protection, the bill seeks to give towns more financial certainty in their education funding and shield them from potential budget shortfalls that could result from formula adjustments.

Education

https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=HB05513&which_year=2025