AN ACT CONCERNING AN INCREASE OF THE PER PUPIL FOUNDATION AMOUNT FOR PURPOSES OF THE EDUCATION COST SHARING GRANT.

HB 5179 increases the base per-student funding amount for Connecticut's education cost sharing grants, which public school districts receive from the state. It directly affects all public school districts by raising their foundational funding level per enrolled student. The bill adds a mechanism for automatic annual funding increases tied to specific economic indicators like inflation, ensuring the grant amount adjusts over time. This change modifies the state's school finance formula to provide more stable and growing support for public education.