Bill

Bill > SB00871


CT SB00871

An Act Concerning Annual Adjustments To The Foundation Amount Of The Education Cost-sharing-grant Formula.


summary

Introduced
01/22/2025
In Committee
01/22/2025
Crossed Over
Passed
Dead

Introduced Session

2025 General Assembly

Bill Summary

To revise the education cost-sharing-grant formula by increasing the foundation amount annually in accordance with the inflations index.

AI Summary

This bill proposes to modify the existing education cost-sharing (ECS) grant formula by automatically adjusting the "foundation amount" each year to keep pace with inflation. In education funding terminology, the foundation amount represents the base level of per-pupil funding that a municipality receives from the state. By linking this amount to an inflation index, the bill ensures that the baseline education funding will gradually increase to reflect rising educational costs over time, which helps prevent the real value of education funding from being eroded by economic inflation. The proposed change would amend subdivision (9) of section 10-262f of the general statutes, essentially creating a mechanism for annual, automatic adjustments to the foundation amount that align with broader economic price changes. This approach aims to provide more predictable and stable education funding for municipalities by ensuring that state education grants keep up with the increasing expenses schools face each year.

Committee Categories

Education

Sponsors (1)

Last Action

Referred to Joint Committee on Education (on 01/22/2025)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...