LD 1319
pg. 401
Page 400 of 423 An Act Making Unified Appropriations and Allocations for the Expenditures of St... Page 402 of 423
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LR 2000
Item 1

 
SUMMARY

 
This bill does the following.

 
PART A

 
Part A makes appropriations and allocations of funds.

 
PART B

 
Part B makes appropriations and allocations of funds
representing reduction proposals or adjustments.

 
PART C

 
Part C does the following:

 
1. It specifies the general purpose aid for local schools
actual education certification and appropriation levels for
fiscal year 2003-04 as required by the Maine Revised Statutes,
Title 20-A, section 15605.

 
2. It authorizes the State Controller to transfer $200,000
in fiscal year 2003-04 and $300,000 in fiscal year 2004-05
from the General Purpose Aid to Local Schools account in the
Department of Education to General Fund unappropriated surplus
no later than June 30, 2004 and June 30, 2005. These savings
will be achieved through the standardization of specifications
related to all phases of school construction and renovation.
The standardization must be applied to projects that are
currently under construction, projects that are in planning
and projects that are entering the design phase.

 
3. It postpones to July 1, 2005 an increase in the State's
contribution for health insurance for retired teachers from
35% to 40%.

 
PART D

 
Part D does the following.

 
1. It provides for the calculation and transfer of
statewide savings in the General Fund in the cost of health
insurance for fiscal year 2003-04 and fiscal year 2004-05 that
are identified in Part B, section 1.

 
2. It provides for the calculation and transfer of
statewide savings in the Other Special Revenue funds in the
cost of health insurance for fiscal year 2003-04 and fiscal
year 2004-05 that are identified in Part B, section 1.


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