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123rd MAINE LEGISLATURE |
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LD 484 |
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LR 1291(04) |
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An Act To Adjust
the School Funding Formula with Regard to Unorganized Territories |
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Fiscal Note for
House Amendment " " to
Committee Amendment "A" |
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Sponsor: Rep. Carter of Bethel |
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Fiscal Note Required: Yes |
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Fiscal Note |
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2007-08 |
2008-09 |
Projections 2009-10 |
Projections 2010-11 |
Net Cost
(Savings) |
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General Fund |
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($50,000) |
$0 |
$0 |
$0 |
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Appropriations/Allocations |
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General Fund |
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($773,953) |
($760,150) |
($798,158) |
($838,066) |
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Revenue |
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Other Special Revenue Funds |
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($723,953) |
($760,150) |
($798,158) |
($838,066) |
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Transfers |
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General Fund |
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($723,953) |
($760,150) |
($798,158) |
($838,066) |
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Other Special Revenue Funds |
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$723,953 |
$760,150 |
$798,158 |
$838,066 |
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Fiscal Detail and
Notes |
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This amendment
eliminates the one-time General Fund cost of $50,000 in fiscal year 2007-08
and strikes the General Fund appropriations to the Education in the
Unorganized Territory program within the Department of Education of $723,953
in fiscal year 2007-08 and $760,150 in fiscal year 2008-09 that was to be
offset by additional revenue collected from the townships in the unorganzied
territory that have one or more tuition students. |
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As
amended, this bill will increase the cost of all property owners in the
unorganized territory to tuition their students to schools outside of the
unorganzied territory. The total cost
can not be determined at this time.
Because the additional revenue collected from property owners in the
unorganzied territory as a result of the higher tuition costs will be
transferred to the General Fund in order to reimburse the General Fund for
the additional tuition costs, there is no net impact to General Fund. |
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