20-A §1482. Budget preparation - Maine Statutes

Title 20-A: EDUCATION

Part 2: SCHOOL ORGANIZATION

Chapter 103-A: REGIONAL SCHOOL UNITS

Subchapter 4: FINANCING

§1482. Budget preparation

1. Preparation by regional school unit board. A regional school unit board shall annually prepare a budget for:

A. Operational costs; [2007, c. 240, Pt. XXXX, §13 (NEW).]

B. Bonds falling due; [2007, c. 240, Pt. XXXX, §13 (NEW).]

C. Interest on bonds or other obligations; [2007, c. 240, Pt. XXXX, §13 (NEW).]

D. Rentals and other charges in a contract; and [2007, c. 240, Pt. XXXX, §13 (NEW).]

E. Temporary loans. [2007, c. 240, Pt. XXXX, §13 (NEW).]

[ 2007, c. 240, Pt. XXXX, §13 (NEW) .]

2. Distribution. At least 7 days before a regional school unit budget meeting, the regional school unit board shall make available to the legislative body responsible for final budget approval and residents of the regional school unit a detailed budget document. The detailed budget document must include a summary of anticipated revenues and estimated school expenditures.

[ 2007, c. 240, Pt. XXXX, §13 (NEW) .]

SECTION HISTORY

2007, c. 240, Pt. XXXX, §13 (NEW).