On May 7, 2024, the General Assembly passed H.B. 5523, a budget stabilization bill that appropriates funds for fiscal year 2025 and makes a number of different policy changes to K-12 education and other areas. Along with maintaining the $150 million in additional funding for K-12 education in FY 2025 that was allotted as part of the state budget passed last year, the bill overhauls how Connecticut distributes state education funding to school districts.
The School and State Finance Project has compiled a comprehensive history of changes to the state's school finance system. The history spans from 1927 to present day and highlights significant policy changes, court cases, task forces, and events that have shaped the way Connecticut funds its public schools.