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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. |
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| | | 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. |
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| | | Sec. N-4. Basic elementary and secondary per pupil operating rates. The basic | | elementary per pupil operating rate for fiscal year 2004-05 is | | $5,459, and the basic secondary per pupil operating rate for | | fiscal year 2004-05 is $6,070. The foundation per pupil | | operating rate for fiscal year 2004-05 is $5,658. |
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| | | 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 0.62050. |
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| | | 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: |
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| | | Per pupil guarantee pursuant to the |
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| | | Maine Revised Statutes, Title 20-A, |
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| | | section 15653, subsection 1 | | $1,013,836,339 |
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| | | Special Education (Local) | | 195,504,985 |
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| | | Special Education (Tuition and Board) | | 19,395,944 |
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