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130th MAINE LEGISLATURE |
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LD 1716 |
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LR 2032(03) |
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An Act To Ensure
Full Payment of the State's Salary Supplement Obligation to Teachers with
National Board Certification |
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Fiscal Note for
Bill as Engrossed with:
C "A" (H-401) |
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Committee: Education and Cultural Affairs |
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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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$0 |
$0 |
$735,000 |
$735,000 |
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| Appropriations/Allocations |
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Other Special Revenue Funds |
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$0 |
$0 |
$735,000 |
$735,000 |
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| Revenue |
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General Fund |
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$0 |
$0 |
($735,000) |
($735,000) |
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Other Special Revenue Funds |
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$0 |
$0 |
$735,000 |
$735,000 |
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| Fiscal Detail
and Notes |
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This legislation
increases the amount of funding to support the salary supplements to eligible
teachers who attain certification from the National Board for Professional
Teaching Standards by directing all revenue collected from teacher
certification fees be deposited into the National Board Certification Salary
Supplement Fund instead of the $335,000 that is currently required in
statute, resulting in an estimated $735,000 reduction in General Fund revenue
and a corresponding increase in dedicated revenue to the salary supplement
fund beginning in fiscal year 2023-24. |
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