CHAPTER 613

STATE EDUCATION COST CONTROL ASSISTANCE

§17201.__Legislative findings

The Legislature finds that municipalities that form municipal service districts and school management units in accordance with Title 30-A, chapter 112 may capture savings through the creation of efficiencies in delivering public-school-related services and reduce local property taxes correspondingly.__The Legislature further finds that provision of bonus funding to municipal service districts in accordance with this chapter as general purpose aid for local schools may serve as an additional incentive to encourage municipalities to form municipal service districts and is in the general public interest.

§17202.__Definitions

As used in this chapter, unless the context otherwise indicates, the following terms have the following meanings.

1.__Municipal service district.__"Municipal service district" has the same meaning as in Title 30-A, section 2111.

2.__Municipality.__"Municipality" has the same meaning as in Title 30-A, section 2001, subsection 8 or means a plantation.

§17203.__Municipal service district bonus

In addition to any other funding to which a municipal service district is entitled, a municipal service district is entitled to an annual 10% bonus in general purpose aid for local schools.

1.__Funding source; calculation.__The 10% bonus provided under this section must be paid from and transferred to municipal service districts from the Municipal Service District Fund established in Title 30-A, chapter 112-A.__The annual bonus for municipal service districts provided under this section must be calculated as 10% of the total general purpose aid for local schools to which each participating municipality in a municipal service district is entitled.

2. Duration.__A municipal service district is entitled to the annual 10% bonus in general purpose aid for local schools provided under this section for 5 consecutive years beginning in