| | | (1) "Article : To see what sum the | | municipality/district will raise as the local share of | | debt service (Recommend $ ). Explanation:__Debt | | service is the amount of money needed to repay the | | municipality/district's long-term debt for | | construction.__In this municipality/district, the total | | debt owed is ($____ ).__The local share of that debt is | | ($____ ) and the state-reimbursed share of that debt is | | ($____ )." |
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| | | Sec. 3. 20-A MRSA §15614, sub-§3, as amended by PL 1999, c. 710, §12, | | is further amended to read: |
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| | | 3. Additional local appropriation. A school administrative | | unit may raise and expend funds for educational purposes in | | addition to the funds under subsections 1 and 2. An article in | | substantially the following form must be used when a school | | administrative unit is considering the appropriation of | | additional local funds: |
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| | | "Article : To see what sum the municipality/district | | will raise and to appropriate the sum of (Recommend $ ) | | in additional local funds for school purposes under the | | Maine Revised Statutes, Title 20-A, section 15614. | | Explanation:__The additional local funds are those locally | | raised funds over and above the total of local amounts | | raised that are described in the foundation and debt service | | budget articles that will help achieve the | | municipality/district's budget for educational programs." |
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