LD 651 LR 1881(02)
An Act To Stabilize Student Count in Maine's School Funding Formula
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Education and Cultural Affairs
Fiscal Note Required: Yes
Fiscal Note
Increases total cost of public education from kindergarten to grade 12
Fiscal Detail and Notes
This legislation requires the use of a 3-year average of attending pupil counts in the calculation of the operating cost component of essential programs and services for school administrative units that experience a decrease of 10% of more in its attending school enrollment in the most recent year if the 3-year average is greater than the 2-year average used in current law. This provision will increase the total cost of public education from kindergarten to grade 12 beginning in fiscal year 2022-23 and the state's share of that cost.  Although the impact will depend on the number of schools that experience a 10% or more reduction in attending student enrollment each year, the Department of Education has estimated that, had this provision been in effect in fiscal year 2021-22, the total cost of K-12 public education would have increased by $1,000,000, with the state's share being 51.83% or $518,300.