121st Maine Legislature
Office of Fiscal and Program Review
LD 842
An Act Relating to Portable Classrooms for Certain Cases      
LR 1553(01)
Fiscal Note for Original Bill
Sponsor: Rep. Mills of Farmington
Committee: Education and Cultural Affairs
Fiscal Note Required: Yes
   
             
Fiscal Note
Potential current biennium cost increase - General Fund
Fiscal Detail and Notes
Since local school units engaged in a lease-purchase agreement for temporary interim nonadministrative space own the space once the terms of the agreement have been fulfilled, this bill would have no fiscal impact on the Department of Education.  However, if the intent of this legislation is to provide continuing support for those local school units engaged in "straight" leases, the additional cost to the General Purpose Aid for Local Schools program within the Department of Education could be significant.  The Department estimates the additional cost for the additional subsidy to be a minimum of $750,000 for the 2004-2005 school year.   The fiscal impact on future bienniums can not be determined at this time and will depend on the number of additional school administrative units that submit applications to the Major Capital Improvement Program and become eligible for the additional subsidy.