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Municipal Revenue Sharing and Stabilization

Analysis Shows How CT Towns Fare In New State Budget Analysis Shows How CT Towns Fare In New State Budget
Analysis Shows How CT Towns Fare In New State Budget Connecticut's $43 budget that Gov. Ned Lamont is expected to sign on Wednesday, June 5 includes more than $2 billion for public schools in each of the next two fiscal years. In addition to Education Cost Sharing grants effective July 1, the two-year budget includes more than $290 million in each year distributed through a combination of non-education grants. These include: the Municipal Revenue Sharing and Stabilization grants, the Mashantucket Pequot grant and programs that partially reimburse communities for properties exempt from local taxes -- such as state land and buildings and no…