LD 1932 LR 3324(05)
An Act To Amend the Laws Regarding School Funding
Fiscal Note for Bill as Amended by Committee Amendment "     "
Committee: Education and Cultural Affairs
Fiscal Note Required: Yes
Fiscal Note
No net fiscal impact
Fiscal Detail and Notes
Although this legislation will not impact the total state and local cost of funding K-12 public education, beginning in fiscal year 2008-09 it may affect the distribution of subsidy to local school administrative units with some units receiving more subsidy and some units receiving less subsidy.  The impact to individual school administrative units can not be determined at this time.
Allowing for a one year delay in the implementation of the cost center summary budget approval and validation process may result in savings to school administrative districts, community school districts and municipal school units.  The amount can not be determined at this time.