4.__Expend funds.__For fiscal year 2006-07 only, a school administrative unit may expend funds received through the salary supplement under subsection 1 without calling for a special meeting of the local legislative body.

Sec. H-2. 20-A MRSA §15689, sub-§7, ¶D is enacted to read:

D.__For fiscal year 2006-07 only, a school administrative unit may expend any funds received through the adjustment under this section without calling for a special meeting of the local legislative body.

PART I

Sec. I-1. 30-A MRSA §706-A, sub-§4, as enacted by PL 2005, c. 2, Pt. B, §1 and affected by §§2 and 4 and c. 12, Pt. WW, §14, is amended to read:

4. Adjustment for new state funding. If the State provides net new funding to a county for existing services funded in whole or in part by the county assessment, other than required state mandate funds pursuant to section 5685 that do not displace current county assessment expenditures, the county shall lower its county assessment limit in that year in an amount equal to the net new funds. For purposes of this subsection, "net new funds" means the amount of funds received by the county from the State in that fiscal year, with respect to services funded in whole or in part by the county assessment, less the product of the following: the amount of such funds received in the prior fiscal year multiplied by one plus the growth limitation factor described in subsection 3. If a county receives net new funds in any fiscal year for which its county assessment limit has not been adjusted as provided in this subsection, the county shall adjust its county assessment limit in the following year in an amount equal to the net new funds.

Sec. I-2. 30-A MRSA §5721-A, sub-§4, as amended by PL 2005, c. 621, §13, is further amended to read:

4. Adjustment for new state funding. If the State provides net new funding to a municipality for existing services funded in whole or in part by the property tax levy, other than required state mandate funds pursuant to section 5685 that do not displace current property tax expenditures, the municipality shall lower its property tax levy limit in that year in an amount equal to the net new funds. For purposes of this subsection, "net new funds" means the amount of funds received by the