| 122nd MAINE LEGISLATURE | |||||||||
| LD 1766 | LR 3021(03) | ||||||||
| An Act to Further the Implementation of the Essential Programs and Services Funding Model | |||||||||
| Fiscal Note for Bill as Amended by Committee Amendment " " | |||||||||
| Committee: Education and Cultural Affairs | |||||||||
| Fiscal Note Required: Yes | |||||||||
| Minority Report | |||||||||
| Fiscal Note | |||||||||
| Potential current biennium cost increase - General Fund | |||||||||
| Fiscal Detail and Notes | |||||||||
| Amending the regional adjustment to the salary and benefit costs of teachers and other school personnel that are based on labor market areas may increase the total state and local cost of funding K-12 public education beginning in fiscal year 2006-07. The amount can not be determined at this time. Information from the Department of Education indicates that this measure will affect the distribution of school subsidy with the 104 units that are currently below the .95 threshold in FY 2006-07 receiving an increase in subsidy and the 26 units that are currently above the 1.05 threshold receiving less subsidy. Requiring the labor market adjustment to be 1.0 for all labor markets in the State beginning in FY 2007-08 will result in 193 of the 288 units that are currently below 1.0 receiving an increase in subsidy and the 82 units that are currently above 1.0 receiving less subsidy. | |||||||||
| Public Law 2005, Chapter 519, Part AAAA, the 2006-2007 Supplemental Budget, includes the provisions for transition adjustments for eligible school administrative units that are included in this legislation and provides for the one-time costs of the measure, estimated to be $1,818,563, as part of the FY 2006-07 General Fund appropriation for the General Purpose Aid for Local Schools program. | |||||||||