121st Maine Legislature
Office of Fiscal and Program Review
LD 850
An Act to Establish a New School Funding Formula
LR 0228(01)
Fiscal Note for Original Bill
Sponsor: Rep. McKenney of Cumberland
Committee: Education and Cultural Affairs
Fiscal Note Required: Yes
   
             
Fiscal Note
Undetermined current biennium cost increase - General Fund
Fiscal Detail and Notes
This bill changes the way funds that are appropriated for General Purpose Aid for Local Schools are allocated to local school administrative units.  The fiscal impact to the Department of Education and local school units cannot be determined at this time and will depend on the per pupil allocation amount set by the Legislature and how the State's share of Debt Service will be addressed.