127th MAINE LEGISLATURE
		LD 1394		LR 2011(03)
	An Act To Implement the Recommendations of the Commission To Strengthen the Adequacy and Equity of Certain Cost Components of the School Funding Formula
	Fiscal Note for Senate Amendment " " to Committee Amendment " "
	Sponsor: Sen. Volk of Cumberland
	Fiscal Note Required: Yes
Fiscal Note
Current biennium cost increase - School Administrative Units
Fiscal Detail and Notes
	Adding unapproved major capital projects to the definition of debt service costs for school subsidy purposes will increase the total cost of funding public education from kindergarten to grade 12 beginning in fiscal year 2016-17 by increasing the total debt service allocation, a component of the essential programs and services model.  The cost of this requirement in fiscal year 2016-17 is not available.  Since no additional state funds are being provided in this amendment, the total cost of this provision will be shared entirely by local school administrative units.
	Part C of Public Law 2015, c. 389, which was signed into law on March 10, 2016 as an emergency measure, sets the mill expectation and establishes the state and local contributions for funding the total cost of funding K-12 public education for fiscal year 2016-17.  This amendment does not address how the Department of Education will amend PL 2015, c. 389, Part C to incorporate the changes to the debt service allocation, the local contribution amount and the mill expectation if this amendment is incorporated into the bill and enacted into law.