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131st MAINE LEGISLATURE |
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LD 1526 |
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LR 57(02) |
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An Act to Provide
Grants to Support Reading Proficiency Programming in Schools |
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Fiscal Note for
Bill as Amended by Committee Amendment " " |
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Committee: Education and Cultural Affairs |
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Fiscal Note Required: Yes |
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| Fiscal Note |
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| Transfer contingent on available funds - General Purpose Aid for
Local Schools |
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FY 2023-24 |
FY 2024-25 |
Projections FY 2025-26 |
Projections FY 2026-27 |
| Net Cost
(Savings) |
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General Fund |
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$2,000,000 |
$2,000,000 |
$0 |
$0 |
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| Appropriations/Allocations |
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Other Special Revenue Funds |
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$2,000,000 |
$2,000,000 |
$0 |
$0 |
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| Transfers |
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General Fund |
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($2,000,000) |
($2,000,000) |
$0 |
$0 |
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Other Special Revenue Funds |
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$2,000,000 |
$2,000,000 |
$0 |
$0 |
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| Fiscal Detail
and Notes |
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This bill
requires the State Controller transfer $2,000,000 per year in fiscal years
2023-24 and 2024-25 from the unencumbered balance of the General Purpose Aid
for Local Schools, General Fund carrying account within the Department of
Education to the Office of Innovation program, also within the department, to
be used for grants to school administrative units to support reading
proficiency programming in schools.
Whether sufficient funds will be available to transfer for this
purpose cannot be determined at this time.
The bill includes one-time Other Special Revenue Funds allocations of
$2,000,000 per year in fiscal years 2023-24 and 2024-25 to authorize the
expenditure of the funds if available. |
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Additional costs
to the Department of Education to establish required criteria and submit the
required report can be absorbed within existing budgeted resources. |
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