| | | less than the school administrative unit's state share | | of subsidy for fiscal year 2002-03 for operating costs | | and program costs, excluding the state share of bus | | purchases plus minimum subsidy and the fiscal year | | 2002-03 cushion provision under subsection 16. |
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| | | Sec. C-3. 20-A MRSA §15653, sub-§4, as amended by PL 2001, c. 559, Pt. | | D, §3, is further amended to read: |
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| | | 4. Statewide local share. For fiscal year 2001-02 | | the statewide local share amount of the operating costs | | allocation is based on the sum of the amounts determined by | multiplying for each unit 7.29 | | property fiscal capacity. In subsequent years the mill rate is | | 7.57 mills, except that the Legislature shall determine if an | | increase is needed to achieve the targeted per pupil guarantee | | under this section. |
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| | | Sec. C-4. Basic elementary and secondary per pupil operating rates. The basic | | elementary per pupil operating rate for fiscal year 2003-04 is | | $5,247, and the basic secondary per pupil operating rate for | | fiscal year 2003-04 is $5,845. The foundation per pupil | | operating rate for fiscal year 2003-04 is $5,439. |
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| | | Sec. C-5. Per pupil guarantee and statewide factor. The per pupil guarantee | | for fiscal year 2003-04 is $4,816. The statewide factor for | | fiscal year 2003-04 is 0.62760. |
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| | | Sec. C-6. Foundation allocation. The foundation allocation of state | | and local funds for fiscal year 2003-04 for the purposes listed | | in this section is as follows: |
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| | | Per pupil guarantee pursuant to the |
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| | | Maine Revised Statutes, Title 20-A, |
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| | | section 15653, subsection 1 | | $1,015,819,375 |
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| | | Special Education (Local) | | 186,859,543 |
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| | | Special Education (Tuition and Board) | | 18,367,964 |
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