B. Thirty-five percent from July 1, 2002 to June 30, 2003 2005; and

C. Forty percent after June 30, 2003 2005.

Sec. C-2. 20-A MRSA §15653, sub-§4, as amended by PL 2001, c. 559, Pt. D, §3, is further amended to read:

4. Statewide local share. For fiscal year 2001-02 2003-04, the statewide local share amount of the operating costs allocation is based on the sum of the amounts determined by multiplying for each unit 7.29 6.79 mills times the unit's property fiscal capacity. In subsequent years the mill rate is 7.57 mills, except that the Legislature shall determine if an increase is needed to achieve the targeted per pupil guarantee under this section.

Sec. C-3. Basic elementary and secondary per pupil operating and foundation rates. The basic elementary per pupil operating rate for fiscal year 2003-04 is $5,247 and the basic secondary per pupil operating rate for fiscal year 2003-04 is $5,845. The foundation per pupil operating rate for fiscal year 2003-04 is $5,439.

Sec. C-4. Per pupil guarantee and statewide factor. The per pupil guarantee for fiscal year 2003-04 is $4,816. The statewide factor for fiscal year 2003-04 is 0.6314.

Sec. C-5. Foundation allocation. The foundation allocation of state and local funds for fiscal year 2003-04 for the purposes listed in this section is as follows:

2003-04

TOTAL

Operating

Per pupil guarantee pursuant to the $1,015,819,375

Maine Revised Statutes, Title 20-A,

section 15653, subsection 1

Program Costs

Early Childhood 1,090,092

Special Education (Local) 186,859,543

Special Education (Tuition and Board) 18,367,964