Sec. C-1. Mill expectation. The mill expectation pursuant to the Maine Revised Statutes, Title 20-A, section 15671-A for fiscal year 2005-06 is 8.26.
Sec. C-2. Total cost of funding public education from kindergarten to grade 12. The total cost of funding public education from kindergarten to grade 12 for fiscal year 2005-06 is as follows:
2005-06
TOTAL
Total Operating Allocation
Total operating allocation
pursuant to the Maine Revised
Statutes, Title 20-A, section
15683, as amended by Public
Law 2005, chapter 2, Part D,
section 47 and affected by
sections 72 and 73, without
transition percentage $1,297,437,503
Total operating allocation
pursuant to the Maine Revised
Statutes, Title 20-A, section
15683 with 84% transition
percentage $1,089,847,503
Total other subsidizable costs
pursuant to the Maine Revised
Statutes, Title 20-A, section
15681-A $339,867,236
______________
Total operating allocation
pursuant to the Maine Revised
Statutes, Title 20-A, section
15683, as amended by Public
Law 2005, chapter 2, Part D,
section 47 and affected by
sections 72 and 73, with 84%
transition percentage plus total
other subsidizable costs
pursuant to the Maine Revised
Statutes, Title 20-A, section
15681-A $1,429,714,739
Total debt service allocation
pursuant to the Maine Revised
Statutes, Title 20-A, section
15683-A $88,665,631
Total Adjustments and Miscellaneous
Costs
Total adjustments and
miscellaneous costs pursuant to
the Maine Revised Statutes,
Title 20-A, sections 15689
and 15689-A $48,037,274
______________
Total Cost of Funding Public
Education from Kindergarten to
Grade 12
Total cost of funding public
education from kindergarten to
grade 12 for fiscal year 2005-06
pursuant to the Maine Revised
Statutes, Title 20-A, chapter
606-B $1,566,417,644
Total cost of the transition
adjustment costs pursuant to the
Maine Revised Statutes, Title
20-A, section 15686 $13,425,799
Sec. C-3. Local and state contributions to total cost of funding public education from kindergarten to grade 12 and the Fund for the Efficient Delivery of Educational Services. The local contribution and the state contribution appropriation provided for general purpose aid for local schools for the fiscal year beginning July 1, 2005 and ending June 30, 2006 are calculated as follows:
2005-06 2005-06
LOCAL STATE
Local and State Contributions to
the Total Cost of Funding Public
Education from Kindergarten to
Grade 12 and the Fund for the
Efficient Delivery of Educational
Services
Local and state contributions to
the total cost of funding public
education from kindergarten to
grade 12 pursuant to the Maine
Revised Statutes, Title 20-A,
section 15683 and the Fund for
the Efficient Delivery of
Educational Services $742,331,574 $837,453,898
Sec. C-4. Limit of State's obligation. If the State's continued obligation for any individual component contained in section 2 of this Part exceeds the level of funding provided for that component, any unexpended balances occurring in other programs may be applied to avoid proration of payments for any individual component. Any unexpended balances from section 2 of this Part may not lapse but must be carried forward for the same purpose.
Sec. C-5. Authorization of payments. Sections 1 to 4 of this Part may not be construed to require the State to provide payments that exceed the appropriation of funds for general purpose aid for local schools for the fiscal year beginning July 1, 2005 and ending June 30, 2006.
| Revisor of Statutes Homepage | Subject Index | Search | 122nd Laws of Maine | Maine Legislature |
About the 1st Regular & 1st Special Session Laws Of Maine
