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  129th MAINE LEGISLATURE | 
 
 
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  LD 1568 | 
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  LR 2294(02) | 
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  An Act
  Authorizing the Deorganization of Magalloway Plantation | 
 
 
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  Fiscal Note for
  Bill as Amended by Committee Amendment " " | 
 
 
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  Committee: State and Local Government | 
 
 
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  Fiscal Note Required: Yes | 
 
 
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  | Fiscal Note | 
 
 
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  | Contingent future biennium savings - General Fund | 
 
 
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  | Fiscal Detail
  and Notes | 
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  This bill will
  become effective only if approved by the voters of Magalloway Plantation at
  the next general election to be held in November.  If approved, the deorganization of
  Magalloway Plantation would take effect on July 1, 2021. | 
 
 
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  For purposes of
  this analysis, all other factors in the calculation of the total cost of K-12
  public education and the State's contribution are assumed to be held
  constant. Given this assumption, the deorganization of Magalloway Plantation,
  currently a member of Regional School Unit (RSU) 78, will lower the total
  cost of K-12 public education beginning in fiscal year 2021-22 and result in
  savings to the General Purpose Aid for Local Schools program within the
  Department of Education. The amount of savings can not be determined at this
  time. For comparison purposes, the preliminary total cost allocation for
  Magalloway for the 2019-2020 school year is $169,071. However, because
  Magalloway's required local contribution is expected to exceed its total allocation
  for this school year, the only state funding anticipated to be allocated for
  Magalloway is approximately $14,264 for the minimum special education
  adjustment. The estimated loss in revenue to RSU 78 from local assessments to
  Magalloway Plantation is estimated to be approximately $200,000 per year. | 
 
 
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  The Division of
  State Schools - Education in the Unorganized Territories program in the
  Department of Education will incur future General Fund expenditures to
  provide services to the Unorganized Territories. These expenditures would be
  ongoing and would be to provide schooling to students from Magalloway. The
  cost can not be determined at this time. The General Fund would be fully
  reimbursed for these costs by higher collections made through the Municipal
  Cost Component program. | 
 
 
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  Any additional
  costs incurred by Maine Revenue Services related to the deorganization of
  Magalloway Plantation can be absorbed within existing budgeted resources. The
  minor additional costs associated with the filing of certain election results
  can be absorbed by the Secretary of State utilizing existing budgeted
  resources. Any additional costs incurred by the Office of the State Auditor
  are expected to be minor and can be absorbed within existing budgeted
  resources. | 
 
 
 
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