AN ACT INCREASING THE FOUNDATION AMOUNT FOR THE EDUCATION COST SHARING GRANT FORMULA.

HB 5897 increases the base funding amount ("foundation") for Connecticut's education cost sharing grant formula from $11,500 to $15,238 per student. It directly affects public school districts by raising state funding for student education costs. The bill adds a requirement to adjust this foundation amount annually for inflation. This change aims to ensure funding keeps pace with rising costs for schools.