10/26/17 State Senate adopted a biennial state budget
Adopted FY 18 State Budget Impact on: Haddam
The State Senate today adopted a biennial state budget.
Below are statutory formula grant estimates for Haddam. Please see important notes at the end of the table.
More details on the FY 18 state budget and other legislation impacting municipal finance will be provided in the coming days. Grant estimates for FY 19 will also be provided shortly. Updates to state budget information will be available at www.ccm-ct.org.
Grant: | FY 17 | Adopted FY 18 | FY 18 v. FY 17 | |
($) | ($) | ($) | (%) | |
Adult Education | 0 | 0 | 0 |
|
ECS Grant | 1,971,482 | 1,872,908 | -98,574 | - 5.0% |
LoCIP | 0 | 135,008 | 135,008 |
|
Pequot-Mohegan Grant | 23,844 | 22,842 | -1,002 | - 4.2% |
PILOT: Colleges & Hospitals | 0 | 0 | 0 |
|
PILOT: State-Owned Property | 21,098 | 21,098 | 0 | 0.0% |
Town Aid Road | 246,062 | 246,062 | 0 | 0.0% |
Grants for Municipal Projects | 3,554 | 3,554 | 0 | 0.0% |
MRSF Supplemental PILOT | 0 | 0 | 0 |
|
MRSF Revenue Sharing | 170,440 | 0 | -170,440 | -100.0% |
Municipal Stabilization Grant | 0 | 13,184 | 13,184 |
|
Total | 2,436,481 | 2,314,657 | -121,824 | - 5.0% |
Notes
- There is no municipal contribution requirement to the Teachers’ Retirement System.
- Special Education is funded as it has been, through the Excess Cost-Student Based grant.
- The motor vehicle mill rate cap will be 39 mills in FY 18 and 45 mills in FY 19. Reimbursement amounts due to the cap are listed under “MRSF Supplemental PILOT.”
- The FY 18 Alliance District portion of ECS will be the amount above the FY 12 ECS amount for designated towns.