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.
Despite state charter schools receiving most of their funding through state sources, local school districts may still be impacted financially by the opening and operation of a charter school. This briefing focuses on the potential financial implications of state charter schools on local school districts.
These frequently asked questions documents provide more information about FY 2025 funding for different public school types. Included in each document is an overview of funding from the previous year, details on how funding will be allocated in FY 2025, and information about funding in future years.
Funding for ECS Grant in FY 2025
Funding for BOE Magnet Schools in FY 2025
Funding for ASTE Programs in FY 2025
Funding for RESC Magnet Schools in FY 2025
Funding for Charter Schools in FY 2025
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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.
This report highlights policies that currently exist to provide greater accountability and transparency in Connecticut K-12 education, and the impact changes passed during the General Assembly's 2023 regular legislative session will have on these existing policies.
This frequently asked questions document by the School and State Finance Project provides information about Regional Educational Service Centers (RESCs). RESCs are voluntary regional partnerships made up of local and regional school districts that provide cost-effective education resources, programs, and services. There are six RESCs in Connecticut that offer fee-based services and programs to public and private school districts, municipalities, and nonprofits.