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130th MAINE LEGISLATURE |
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LD 1114 |
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LR 993(02) |
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An Act To Require
the State To Meet the Mandatory 55 Percent Contribution to Schools |
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Fiscal Note for
Bill as Amended by Committee Amendment " " |
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Committee: Education and Cultural Affairs |
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Fiscal Note Required: Yes |
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| Fiscal Note |
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FY 2021-22 |
FY 2022-23 |
Projections FY 2023-24 |
Projections FY 2024-25 |
| Net Cost
(Savings) |
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General Fund |
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$75,711,929 |
$107,132,389 |
$107,132,389 |
$107,132,389 |
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| Appropriations/Allocations |
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General Fund |
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$75,711,929 |
$107,132,389 |
$107,132,389 |
$107,132,389 |
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| Fiscal Detail
and Notes |
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This bill includes
ongoing General Fund appropriations of $75,711,929 in fiscal year 2021-22 and
$107,132,389 in fiscal year 2022-23 to the General Purpose Aid for Local
Schools program within the Department of Education for the cost of increasing
the state share percentage of the statewide adjusted total cost of the
components of essential programs and services to 55% pursuant to Title 20-A,
section 15671, subsection 7, paragraph B. |
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