An Act To Raise the Floor of State Education Funding
Sec. 1. 20-A MRSA §15689, sub-§1, ¶A, as amended by PL 2017, c. 284, Pt. C, §49, is repealed and the following enacted in its place:
Sec. 2. 20-A MRSA §15689, sub-§1-C is enacted to read:
This bill changes the formula for determining the minimum state allocation for a school administrative unit to be the unit's total cost of education, as adjusted, multiplied by 15% or the unit's special education costs, as adjusted, whichever is greater. This bill also guarantees a member municipality a minimum state contribution of 15% of the municipality's total cost of education, as adjusted, and requires the funds to be paid to the school administrative unit and deducted from the municipality's required contribution.