|
| | | ADJUSTMENTS AND MISCELLANEOUS COSTS |
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| | | TOTAL | | | $48,858,178 | $48,858,178 |
|
| | | FOUNDATION, DEBT SERVICE AND |
|
| | | ADJUSTMENTS AND MISCELLANEOUS |
|
| | | TOTAL | | | $1,469,626,579 | $732,126,120 |
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| | | Sec. C-16. Limit of State's obligation. If the State's continued | | obligation for any individual program contained in section 6, 9, | | 10, 13, 14 and 15 of this Part exceeds the level of funding | | provided for that program, any unexpended balances occurring in | | other programs may be applied to avoid proration of payments for | | any individual program. Any unexpended balances from sections 6, | | 9, 10, 13, 14 and 15 of this Part may not lapse but must be | | carried forward for the same purposes. |
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| | | Sec. C-17. Appropriations. Sections 2 to 16 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, 2003 and ending | | June 30, 2004. |
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| | | Sec. C-18. Component funding. In accordance with the Maine Revised | | Statutes, Title 20-A, section 15607, subsection 3, component | | funding within general purpose aid for local schools for fiscal | | year 2003-04 is as follows: |
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| | | Foundation (including Minimum State Subsidy) | | $623,398,405 |
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| | | Sec. C-19. Department of Education Debt Service transfer. Notwithstanding any | | other provision of law, the State Controller may transfer | | $200,000 in fiscal year 2003-04 and $300,000 in fiscal year 2004- | | 05 from the General Purpose Aid for Local Schools account in the | | Department of Education to General Fund unappropriated surplus no | | later than June 30, 2004 and June 30, 2005. These savings will be | | achieved | | through the standardization of specifications related to all | | phases of school construction |
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