Governor Proposes Increases to Educational Cost Sharing Funds – 2/6/2013

Posted by Bob on February 6, 2013 under Daily Blogs | Be the First to Comment

Governor Dannel Malloy’s Office issued a statement yesterday (2/5/2013) proposing increases to educational cost sharing (“ECS”) funding by approximately ONE HUNDRED FIFTY TWO MILLION and 00/100THS ($152,000,000.00) DOLLARS statewide over a two (2) year period.  The proposed increase to Naugatuck for the 2013-2014 fiscal year is FOUR HUNDRED SIXTY FOUR THOUSAND TWO HUNDRED TWENTY SIX and 00/100THS ($464,226.00) DOLLARS.  A breakdown of ECS funding proposals by town can be viewed here.

The legislative process in Hartford is only beginning, and Governor Malloy’s proposal at this time is just that: a proposal.  We are still attempting to obtain some clarification on the local level regarding the Governor’s current ECS proposals and any relation to continued funding for Alliance Districts, which includes Naugatuck (a 2012 press statement from the Governor’s Office regarding the creation of the Alliance Districts can be viewed here).

Clearly ECS funding is a critical issue for Naugatuck as we begin drafting our 2013-2014 budget.  The Borough appropriated ECS revenues during the current 2012-2013 fiscal year in the amount of  TWENTY NINE MILLION TWO HUNDRED ELEVEN THOUSAND FOUR HUNDRED ONE and 00/100THS ($29,211.401.00) DOLLARS, not including Alliance District funds.  A copy of the adopted 2012-2013 budget can be viewed here in .pdf format.

UPDATE:  Governor Presents Budget Proposals to General Assembly (2/6/2013, 2:30 PM)

Governor Malloy presented his 2014-2015 proposed budget to the Connecticut General Assembly this afternoon. (State budgets are adopted bi-annually.  The 2014-2015 budget includes the 2013-2014 and 2014-2015 fiscal years.)  The statement released to the media from the Governor’s Office can be viewed here.  Other documents related to the budget proposal, including the text from Governor Malloy’s speech, can be linked here.

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