Title 20-A: EDUCATION
Part 7: SCHOOL FINANCE
Chapter 606-B: ESSENTIAL PROGRAMS AND SERVICES HEADING: PL 2001, C. 660, §1 (NEW)
1. Authorized adjustments. Notwithstanding any other provision of this Title, the following adjustments to the calculation of subsidy under chapter 606-B are required beginning July 1, 2010 for a school administrative unit that is not a conforming school administrative unit:
A. The school administrative unit is eligible for only 50% of the minimum state allocation under section 15689, subsection 1; [2007, c. 695, Pt. A, §23 (AMD).]
B. The school administrative unit's total cost of education is reduced by adjusting the cost component for system administration under section 15680, subsection 1, paragraph A by half; [2007, c. 240, Pt. XXXX, §33 (NEW).]
C. The school administrative unit is not eligible for a transition adjustment under section 15686 or any comparable year-over-year transition amount; [2007, c. 668, §39 (AMD).]
D. The school administrative unit receives less favorable consideration for approval and funding for school construction pursuant to rules of the state board; and [2007, c. 668, §40 (AMD).]
E. The school administrative unit's full-value education mill rate pursuant to section 15671-A is increased by 2% for the purpose of calculating the school administrative unit's required contribution to meet the local share of education costs established pursuant to section 15688, subsection 3-A. [2007, c. 668, §41 (NEW).]
[ 2009, c. 455, §1 (AMD) .]
SECTION HISTORY
2007, c. 240, Pt. XXXX, §33 (NEW). 2007, c. 668, §§39-41 (AMD). 2007, c. 695, Pt. A, §23 (AMD). 2009, c. 455, §1 (AMD).