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(3) Maine Maritime Academy | | 5%; and |
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| | | Sec. A-16. 20-A MRSA §15602, sub-§18, ķA, as enacted by PL 2003, c. 20, | | Pt. C, §2, is amended to read: |
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| | | A. A school administrative unit is eligible for a prorated | | share of the tier 1 cushion of $4,000,000 if the school | | administrative unit meets the following criteria: |
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| | | (1) The school administrative unit's fiscal year 2002- | | 03 mills raised for education as calculated by the | | department is equal to or greater than 9.97 mills; |
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| | | (2) The school administrative unit's per pupil fiscal | | capacity for operating costs in fiscal year 2003-04 is | | equal to or less than $837,548; and |
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| | | (3) The school administrative unit's state share of | | subsidy for fiscal year 2003-04 for operating costs and | | program costs, excluding the state share of bus | | purchases plus minimum subsidy, is less than the state | | share of subsidy for fiscal year 2002-03 for operating | | costs and program costs, excluding the state share of | | bus purchases plus minimum subsidy, and the fiscal year | | 2002-03 cushion provision under former subsection 16. |
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| | | Sec. A-17. 20-A MRSA §15602, sub-§19, ķA, as enacted by PL 2003, c. 20, | | Pt. C, §2, is amended to read: |
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| | | A. A school administrative unit is eligible for a prorated | | share of the tier 2 cushion of $1,000,000 if the school | | administrative unit meets the following criteria: |
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| | | (1) The school administrative unit's fiscal year 2002- | | 03 mills raised for education as calculated by the | | department is equal to or greater than 9.97 mills; and |
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| | | (2) The school administrative unit's state share of | | subsidy for fiscal year 2003-04 for operating costs and | | program costs, excluding the state share of bus | | purchases plus minimum subsidy and the fiscal year | | 2003-04 initial cushion set forth in subsection 18, is | | less than the school administrative unit's state share | | of subsidy for fiscal year 2002-03 for operating costs | | and program costs, excluding the state share of bus | | purchases plus minimum subsidy and the fiscal year | | 2002-03 cushion provision under former subsection 16. |
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