LCO No. 493 1 of 1 General Assembly Proposed Bill No. 5296 January Session, 2019 LCO No. 493 Referred to Committee on EDUCATION Introduced by: REP. HARDING, 107th Dist. AN ACT CONCERNING THE USE OF MEAN HOUSEHOLD INCOME IN THE EDUCATION COST -SHARING GRANT FORMULA. Be it enacted by the Senate and House of Representatives in General Assembly convened: That section 10-262h of the general statutes be amended to revise 1 the formula used to calculate equalization aid grants to towns by 2 replacing the median household income with the mean household 3 income. 4 Statement of Purpose: To make revisions to the education cost-sharing grant formula.