| 124th MAINE LEGISLATURE | ||||||
| LD 115 | LR 23(01) | |||||
| An Act To Repeal the Laws Governing Consolidation of School Administrative Units | ||||||
| Preliminary Fiscal Impact Statement for Original Bill | ||||||
| Sponsor: Rep. Edgecomb of Caribou | ||||||
| Committee: Education and Cultural Affairs | ||||||
| Fiscal Note Required: Yes | ||||||
| Preliminary Fiscal Impact Statement | ||||||
| 2009-10 | 2010-11 | Projections 2011-12 | Projections 2012-13 | |||
| Net Cost (Savings) | ||||||
| General Fund | $37,351,286 | $38,202,896 | $38,787,400 | $39,380,847 | ||
| Appropriations/Allocations | ||||||
| General Fund | $37,351,286 | $38,202,896 | $38,787,400 | $39,380,847 | ||
| Fiscal Detail and Notes | ||||||
| This legislation will increase the total state and local cost of K-12 public education by approximately $67,911,430 in fiscal year 2009-10 and $69,459,811 in fiscal year 2010-11 in order to restore funding that was reduced to certain cost components within essential programs and services (EPS) to recognize savings that were anticipated to be achieved as a result of the consolidation of school administrative units. Beginning in the 2008-2009 school year, Public Law 2007, c.240, Part XXXX reduced the system administration cost component of essential programs and services (EPS) by 50% and the operation and maintenance of plant, special education, and transportation cost components of EPS by 5% each. The fiscal year 2009-10 and 2010-11 estimates are based on the projected savings to state and local governments of $66,397,565 in fiscal year 2008-09 increased by average growth in the State's real personal income of 2.28% for the 2010-2011 biennium and 1.53% for the 2012-2013 biennium. | ||||||
| The General Purpose Aid for Local Schools program within the Department of Education will require additional General Fund appropriations $37,351,286 in fiscal year 2009-10 and $38,202,896 in fiscal year 2010-11 for the State's share of restoring the funds. The increased costs to local towns and municipalities associated with funding the local share is estimated to be $30,560,143 in fiscal year 2009-10 and $31,256,915 in fiscal year 2010-11, or approximately 0.3 mills each year. | ||||||