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131st MAINE LEGISLATURE |
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LD 2118 |
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LR 2751(02) |
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An Act to Provide
Funding to the Maine School of Science and Mathematics Using the School
Funding Formula Criteria |
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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 2023-24 |
FY 2024-25 |
Projections FY 2025-26 |
Projections FY 2026-27 |
| Net Cost
(Savings) |
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General Fund |
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$0 |
$650,000 |
$650,000 |
$650,000 |
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| Appropriations/Allocations |
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General Fund |
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$0 |
$650,000 |
$650,000 |
$650,000 |
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| Fiscal Detail
and Notes |
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This bill includes
ongoing General Fund appropriations totaling $650,000 per year beginning in
fiscal year 2024-25 to the General Purpose Aid for Local Schools program
within the Department of Education to provide funding for the Maine School of
Science and Mathematics. Of that
amount, $400,000 is appropriated to support the administrative operations of
the school and $250,000 is appropriated for financial support to in-state
students who demonstrate a need for room and board expenses. |
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