128th MAINE LEGISLATURE
LD 1869 LR 2728(02)
An Act To Establish the Total Cost of Education and the State and Local Contributions to Education for Fiscal Year 2018-19 and To Provide That Employees of School Management and Leadership Centers Are Eligible To Participate in the Maine Public Employees Retirement System
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Education and Cultural Affairs
Fiscal Note Required: Yes
             
Fiscal Note
Establishes 2018-2019 allocations for funding total cost of K-12 public education
Potential current biennium cost increase - General Fund
Fiscal Detail and Notes
This bill establishes the allocations for funding the total cost of K-12 public education in 2018-2019 including the state contribution of $1,115,378,083.  Because General Fund appropriations and Other Special Revenue Funds allocations totaling this amount for the State's share of funding K-12 public education for fiscal year 2018-19 were provided in Public Law 2017, c. 284, the 2018-2019 biennial budget, no additional funding is required.
The Maine Labor Relations Board may incur additional General Fund costs associated with the collective bargaining provisions included in this legislation related to school management and leadership centers.  The amount and timing of these costs can not be determined at this time.