LD 1924
pg. 4
Page 3 of 9 An Act To Reduce the Cost of Local Government through Increased State Education... Page 5 of 9
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LR 2783
Item 1

 
full-value education mill rate must decline over the period
from fiscal year 2005-06 to fiscal year 2009-2010 and may not
exceed 9.0 mills in fiscal year 2005-06 and may not exceed 8.0
mills in fiscal year 2009-10.__The full-value education mill
rate must be applied according to section 15688, subsection 3,
paragraph A to determine a municipality's local cost share
expectation.

 
3.__Exceeding maximum local cost share expectations; separate
article.__Beginning with the 2009-2010 school budget, the
legislative body of a school administrative unit may adopt
property tax rates that exceed the local cost share expectation
established by section 15688, subsection 3, paragraph A if that
action is approved in a separate article by a vote of the school
administrative unit's legislative body through the same process
that the school budget is approved in that school administrative
unit.

 
Sec. 9. 20-A MRSA §15672, sub-§23, as enacted by PL 2003, c. 504, Pt.
A, §6, is amended to read:

 
23. Property fiscal capacity. "Property fiscal capacity"
means the lesser of the average of the certified state valuation
amounts amount for the 3 most recent years year prior to the year
of funding and the state valuation amount for the most recent
year recently certified state valuation.

 
Sec. 10. 20-A MRSA §15673, as enacted by PL 2003, c. 504, Pt. A, §6,
is repealed and the following enacted in its place:

 
§15673.__Relationship to School Finance Act of 1985

 
The provisions of chapter 606 apply for the purposes of
calculating the total allocations for program costs and debt
service and for the purposes of calculating adjustments under
section 15612 and miscellaneous reimbursements and subsidy under
section 15613.

 
Sec. 11. 20-A MRSA §15683, first ¶, as enacted by PL 2003, c. 504, Pt.
A, §6, is amended to read:

 
For each school administrative unit, that unit's total
operating allocation is the base total set forth in subsection 1
as adjusted in accordance with subsection 2 and including the
total amount for subsection 3.

 
Sec. 12. 20-A MRSA §15683, sub-§3 is enacted to read:

 
3.__Transportation operating costs.__Transportation operating
costs as defined in section 15603, subsection 29 must


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