124th MAINE LEGISLATURE
		LD 190		LR 661(01)
	Resolve, Directing the Department of Education To Convene a Stakeholders Group To Analyze the School Funding Formula
	Preliminary Fiscal Impact Statement for Original Bill
	Sponsor: Rep. Johnson of Greenville
	Committee: Education and Cultural Affairs
	Fiscal Note Required: Yes
Preliminary Fiscal Impact Statement
		2008-09	2009-10	2010-11	Projections 2011-12	Projections 2012-13
Net Cost (Savings)
	General Fund	$250,000	$18,000	$0	$0	$0
Appropriations/Allocations
	General Fund	$250,000	$18,000	$0	$0	$0
Legislative Cost/Study
	The general operating expenses of this study are projected to be $1680 in fiscal year 2009-10.  The Legislature's proposed budget includes $20,000 in fiscal year 2009-10 for legislative studies.  Whether the amounts are sufficient to fund all studies will depend on the number of studies authorized by the Legislative Council and the Legislature.  This estimate is based on 4 legislators on the study and 4 meetings.  These amounts may change depending on the number of legislators appointed and the number of meetings authorized.
Fiscal Detail and Notes
	The Department of Education has requested General Fund appropriations of $250,000 in fiscal year 2008-09 and $18,000 in fiscal year 2009-10 for the costs associated with convening a stakeholders group to conduct the required analysis of the school funding formula.  The Department estimates the cost of contracting for services to perform the required analysis to be $250,000 based on existing contracts the Department has with outside contractors.  The Department also anticipates the need for the stakeholders group to hold approximately 10 meetings at a total cost of $18,000, including travel reimbursement for stakeholders and other meeting expenses.