Colchester, Connecticut

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Estimated Education Cost Sharing (ECS) Formula Phase-In/Out Schedule
                                                                   6/15/2023


To view the ECS phase-in/out schedule and estimated grants for a specific town, please select the town from the drop-down 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 2023 ECS
                2020                                                 12,359,177
                2021                                                 12,040,218
                2022                                                 12,040,218
                2023                                                 12,040,218
                2024                                                 12,040,218                                -                     0%
                2025                                                 12,040,218                                -                     0%
                2026                                                 11,550,474                         (489,744)                   14%
                2027                                                 11,060,804                         (979,414)                   17%
                2028                                                 10,571,251                       (1,468,967)                   20%
                2029                                                 10,081,698                       (1,958,520)                   25%
                2030                                                  9,592,194                       (2,448,024)                   33%
                2031                                                  9,102,616                       (2,937,602)                   50%
                2032                                                  8,613,039                       (3,427,179)                  100%

* For FYs 2022 through 2025, 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 through 2025 as they did in
FY 2021. As a result, the phase-out schedule for these towns is extended by four years until FY 2032.


** Starting in FY 2023 for phase-in towns, and FY 2026 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
Multilingual 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. 6941: An Act Concerning the State Budget for the Biennium Ending June 30, 2025, and Making Appropriations Therefor, and Provisions Related to
Revenue and Other Items Implementing the State Budget (as amended by House Amendments A and B).