125th MAINE LEGISLATURE
		LD 1274		LR 29(04)
	An Act To Restore Equity in Education Funding
	Fiscal Note for Senate Amendment "   " to Committee Amendment "A"
	Sponsor: Sen. Raye of Washington
	Fiscal Note Required: Yes
Fiscal Note
			FY 2011-12	FY 2012-13	Projections  FY 2013-14	Projections  FY 2014-15
Net Cost (Savings)
	General Fund		$0	($2,349,732)	($2,390,147)	($2,431,258)
Appropriations/Allocations
	General Fund		$0	($2,349,732)	($2,390,147)	($2,431,258)
Fiscal Detail and Notes
	This amendment eliminates the General Fund appropriations in the bill in fiscal year 2012-13 and requires the Department of Education to implement the provisions of this bill within the existing budgeted resources of the General Purpose Aid to Local Schools program.
	As amended, this bill will result in a redistribution of state subsidy with some school administrative units (SAU's) receiving more subsidy than would have been received had this legislation not been in place and some SAU's receiving less.  The impact on individual SAU's can not be determined at this time.