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132nd MAINE LEGISLATURE |
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LD 787 |
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LR 1822(01) |
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An Act to Clarify
Residency Requirements for and Provide Funding to the Maine School of Science
and Mathematics |
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Preliminary
Fiscal Impact Statement for Original Bill |
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Sponsor: Sen. Grohoski of Hancock |
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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 2025-26 |
FY 2026-27 |
Projections FY 2027-28 |
Projections FY 2028-29 |
| Net Cost
(Savings) |
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General Fund |
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$650,000 |
$650,000 |
$650,000 |
$650,000 |
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| Appropriations/Allocations |
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General Fund |
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$650,000 |
$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 2025-26 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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