Governor Lamont Proposes Universal Preschool, “Seeded By $300M From The Fiscal Year 2025 Surplus”

Governor Ned Lamont today announced that he is urging the Connecticut General Assembly to approve legislation he is proposing this session that would implement universal preschool.

“I want Connecticut to lead on early childhood education, and that means making preschool affordable and accessible for all of our kids,” Governor Lamont said. “Access to early childhood services is massively important to the state’s success, not only because these programs provide valuable tools for children that will lead them to professional achievements in the future, but also because being able to enroll your child in care right now means that parents can join the workforce and earn an income that supports their family. Connecticut has an opportunity to make an investment in our future by expanding access to affordable preschool.”

The governor’s proposal includes depositing a portion of the state’s anticipated surpluses over the next several years into a brand-new fund known as the Universal Preschool Endowment. The endowment would be seeded by $300 million from the fiscal year 2025 surplus, and in the following years any unappropriated surpluses from the General Fund will continue to be transferred into it. The endowment will be managed by the Office of the Treasurer, and the commissioner of the Connecticut Office of Early Childhood may expend up to 10% of the balance of the endowment in any fiscal year.

Keep reading

Unknown's avatar

Author: HP McLovincraft

Seeker of rabbit holes. Pessimist. Libertine. Contrarian. Your huckleberry. Possibly true tales of sanity-blasting horror also known as abject reality. Prepare yourself. Veteran of a thousand psychic wars. I have seen the fnords. Deplatformed on Tumblr and Twitter.

Leave a comment