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Child-care advocates press lawmakers for larger deposit to endowment, warn July 2027 target at risk
Summary
Advocates and providers urged the Finance, Revenue and Bonding Committee to increase this year's deposit to the Early Childhood Education Endowment from the governor's proposed $129 million to roughly $300 million, saying a smaller deposit will make the statutory goal of holding family fees to no more than 7% and free slots for families under $100,000 unattainable by 2028.
Child-care advocates told the Finance, Revenue & Bonding Committee on Tuesday that Connecticut risks falling short of statutory affordability goals for early childhood care unless the legislature deposits far more into the new Early Childhood Education Endowment this year.
"To make good on the promises made last session, the endowment must contain a minimum of $1 billion by July 1, 2028," said Courtney Parkerson of Childcare for Connecticut. Advocates and analysts said that to remain on track the state needs a $300 million deposit this year rather than the $129 million proposed in the governor's budget.
Advocates described the endowment as a long-term…
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