| 122nd MAINE LEGISLATURE | |||||||||
| LD 1953 | LR 2657(01) | ||||||||
| An Act Regarding the Sharing of Costs in Certain School Districts | |||||||||
| Fiscal Note for Original Bill | |||||||||
| Sponsor: Sen. Mayo of Sagadahoc | |||||||||
| Committee: Education and Cultural Affairs | |||||||||
| Fiscal Note Required: Yes | |||||||||
| Fiscal Note | |||||||||
| Projections | Projections | ||||||||
| 2005-06 | 2006-07 | 2007-08 | 2008-09 | ||||||
| Net Cost (Savings) | |||||||||
| General Fund | $0 | $2,750,000 | $1,539,019 | $1,598,386 | |||||
| Appropriations/Allocations | |||||||||
| General Fund | $0 | $2,750,000 | $1,539,019 | $1,598,386 | |||||
| Fiscal Detail and Notes | |||||||||
| The General Purpose Aid for Local Schools program within the Department of Education will require an additional General Fund appropriation of $2,750,000 in fiscal year 2006-07 for the cost associated with the State providing 100% of the additional funds to certain member municipalities in school administrative districts and community school districts with local contributions that are below the maximum mill rate expectation but are adversely impacted by the established cost-sharing mechanism. The Department of Education anticipates that 20 municipalities within 17 school districts will receive additional state subsidy in fiscal year 2006-07. | |||||||||
| This legislation is expected to increase the total cost of Essential Programs and Services by $2,827,000 and $2,906,156 in fiscal years 2007-08 and 2008-09, respectively . The impact to the State is estimated to be $1,539,019 in fiscal year 2007-08 and $1,598,386 in fiscal year 2008-09. The increase in the local share is anticipated to be $1,287,981 in fiscal year 2007-08 and $1,307,770 in fiscal year 2008-09. The impact to individual local school administrative units can not be determined at this time. | |||||||||