Colchester, Connecticut

Estimated Education Cost Sharing (ECS) Formula Phase In-Out Schedule

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Estimated Education Cost Sharing (ECS) Formula Phase-In/Out Schedule
                                                                  5/10/2022


To view the ECS phase-in/out schedule and estimated grants for a specific town, please select the town from the dropdown menu in the blue cell below.

             Colchester                                                                                             Cumulative Phase-In/Out percentage

                                                                                     Estimated Change from
            Fiscal Year                         Estimated ECS Grant*                                                  Grant Phase-In/Out Schedule**
                                                                                          FY 2022 ECS
                2020                                                  12,359,177
                2021                                                  12,040,218
                2022                                                  12,040,218
                2023                                                  12,040,218                               -                    0%
                2024                                                  11,600,009                        (440,209)                  14%
                2025                                                  11,159,866                        (880,352)                  17%
                2026                                                  10,719,828                      (1,320,390)                  20%
                2027                                                  10,279,791                      (1,760,427)                  25%
                2028                                                   9,839,797                      (2,200,421)                  33%
                2029                                                   9,399,738                      (2,640,480)                  50%
                2030                                                   8,959,678                      (3,080,540)                 100%

* FYs 2022 and 2023, towns that are overfunded according to the ECS formula and would normally experience decreases in their ECS funding are “held
harmless.". This means instead of having their funding reduced, these towns will receive the same funding for FYs 2022 and 2023 as they did in FY
2021. As a result, the phase-out schedule for these towns is extended by two years until FY 2030.

** Starting in FY 2023 for phase-in towns, and FY 2024 for phase-out towns, the phase-in/out formula is changed from taking a percent of the difference
between fully-funded and the FY 2017 amount, to taking a percent of the difference between fully-funded and the prior year grant amount. This technical
change ensures no district will ever receive more than their fully-funded phase-in amount, or less than their fully-funded phase-out amount.

*Note: Estimated grants assume the ECS formula remains as specified under current Connecticut state statutes, and town values for the following
variables remain constant:
Resident student count
Low-income students
English Learners
Equalized Net Grand List Per Capita (ENGLC)
Median Household Income (MHI)
Public Investment Community Index values and rankings
Students sent to regional school districts
Regional school district grade composition
Alliance District status
Priority District Status


Sources:

Conn. Gen. Statutes ch. 172, §§ 10-262f, 262h.
H.B. 5506 as amended by House Amendment A and C: An Act Adjusting the State Budget for the Biennium Ending June 30, 2023, Concerning Provisions
Related to Revenue, School Construction and Other Items to Implement the State Budget and Authorizing and Adjusting Bonds of the State. Gen. Assembly.
(Ct. 2022).