2009 $104,000,000

Sec. N-3. Clarification of lease-purchase for replacement of Carpenter buses authorized by Resolve 2003, chapter 92, Part B. The Department of Education shall provide subsidy to support the purchase of Carpenter replacement buses for Boothbay-Boothbay Harbor, Baileyville and Hancock at a level equal to the level provided for all other school administrative units that have been approved for funding through the Carpenter bus special replacement program. The state share must be calculated as if the unit's program cost has exceeded the circuit breaker for that unit's program cost. Thus, the state share of the purchase is 100% of the Department of Education- approved purchase price minus the reduction percentage for the year that the subsidy is due. Boothbay-Boothbay Harbor, Baileyville and Hancock are, as are all other schools, responsible for any cost of the purchase that exceeds the Department of Education-approved purchase price. This includes, but is not limited to, the cost of optional equipment that is requested by the unit over and above the State's school bus specification and any interest cost associated with financing the purchase.

This exception to the normal method of determining the state and local shares of a school bus purchase applies only to Boothbay-Boothbay Harbor, Baileyville and Hancock and to those buses identified under the Carpenter bus special replacement program. This exception does not apply to any school bus approved for purchase under the normal provisions for new bus purchases as provided in the Maine Revised Statutes, Title 20-A, section 5401, subsection 15.

Sec. N-4. Basic elementary and secondary per pupil operating rates. The basic elementary per pupil operating rate for fiscal year 2004-05 is $5,464, and the basic secondary per pupil operating rate for fiscal year 2004-05 is $6,069. The foundation per pupil operating rate for fiscal year 2004-05 is $5,662.

Sec. N-5. Per pupil guarantee and statewide factor. The per pupil guarantee for fiscal year 2004-05 is $4,816. The statewide factor for fiscal year 2004-05 is 0.63100.

Sec. N-6. Foundation allocation. The foundation allocation of state and local funds for fiscal year 2004-05 for the purposes listed in this section is as follows:

2004-05

TOTAL