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127th MAINE LEGISLATURE |
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LD 215 |
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LR 845(01) |
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An Act To Improve
Student Retention in Maine's Postsecondary Institutions |
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Preliminary
Fiscal Impact Statement for Original Bill |
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Sponsor: Sen. Alfond of Cumberland |
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Committee: Education and Cultural Affairs |
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Fiscal Note Required: Yes |
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| Preliminary
Fiscal Impact Statement |
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FY 2015-16 |
FY 2016-17 |
Projections FY 2017-18 |
Projections FY 2018-19 |
| Net Cost
(Savings) |
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General Fund |
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$250,000 |
$250,000 |
$250,000 |
$250,000 |
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| Appropriations/Allocations |
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General Fund |
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$250,000 |
$250,000 |
$250,000 |
$250,000 |
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| Fiscal Detail
and Notes |
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This bill
includes ongoing General Fund appropriations of $250,000 per year beginning
in fiscal year 2015-16 to Jobs for Maine's Graduates to support college
retention efforts for eligible students.
Additional costs to Jobs for Maine's Graduates to develop the required
implementation plan and to prepare the required report can be absorbed within
existing budgeted resources. |
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