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Page 1 of 2 An Act to Phase Out Community Income Considerations from the School Funding For... LD 1 Title Page
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Item 1

 
(2) Approved lease costs.

 
Sec. 2. 20-A MRSA §15654, sub-§1, as enacted by PL 1995, c. 368, Pt.
Z, §1 and affected by §2, is repealed.

 
Sec. 3. 20-A MRSA §15654, sub-§1-A is enacted to read:

 
1-A.__Unit's local share percentage.__For each school
administrative unit, the commissioner shall annually determine
the unit's local share percentage of the per pupil guarantee.__
Except as described in subsection 2, the local share percentage
of the per pupil guarantee is equal to a statewide adjustment
factor established annually by the commissioner.

 
Sec. 4. 20-A MRSA §15657, sub-§1, as enacted by PL 1995, c. 368, Pt.
Z, §1 and affected by §2, is repealed and the following enacted
in its place:

 
1.__Fiscal capacity. The local per pupil property fiscal
capacity divided by the statewide per pupil property fiscal
capacity as computed by the commissioner is multiplied by:

 
A.__Until July 1, 2002,__a property weight of 0.85;

 
B.__From July 1, 2002 to June 30, 2003, a property weight of
0.90;

 
C.__From July 1, 2003 to June 30, 2004, a property weight of
0.95; and

 
D.__Beginning July 1, 2004, a property weight of 1.0.

 
Sec. 5. 20-A MRSA §15657, sub-§2, as amended by PL 1999, c. 401, Pt.
GG, §9, is repealed and the following enacted in its place:

 
2.__Local median household income.__The local median household
income is divided by the statewide average median household
income.

 
A.__Until July 1, 2002, the final result is multiplied by an
income weight of 0.15.

 
B.__From July 1, 2002 until June 30, 2003, the final result
is multiplied by an income weight of 0.10.

 
C.__From July 1, 2003 until June 30, 2004, the final result
is multiplied by an income weight of 0.05.

 
The department shall use local median household income data as

 
estimated at the fiscal year 1997-98 level until final Federal
Decennial Census figures are established for the year 2000.__The
fiscal year 1997-98 estimated census figures must be adjusted so
that no municipality's census figure exceeds twice the state
average percentage increase from fiscal year 1996-97 to fiscal
year 1997-98.

 
This subsection is repealed July 1, 2004.

 
Sec. 6. 20-A MRSA §15657, sub-§3, as enacted by PL 1995, c. 368, Pt.
Z, §1 and affected by §2, is amended to read:

 
3. Weighted relative property fiscal capacity. The results
of subsection 1 and subsection 2 are added and the sum represents
the weighted relative property fiscal capacity. This subsection
is repealed July 1, 2004.

 
Sec. 7. Effective date. Those sections of this Act that repeal the
Maine Revised Statutes, Title 20-A, section 15654, subsection 1
and enact Title 20-A, section 15654, subsection 1-A take effect
July 1, 2004.

 
SUMMARY

 
This bill phases out over a 3-year period the consideration of
local median household income and increases by an equal
percentage the reliance on property values in determining the
local contribution portion of the school funding formula.


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