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Page 22 of 70 An Act To Increase the State Share of Education Costs, Reduce Property Taxes an... Page 24 of 70
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LR 328
Item 1

 
Sec. D-37. 20-A MRSA §15672, as amended by PL 2003, c. 712, §12, is
further amended to read:

 
§15672. Definitions

 
As used in this chapter, unless the context otherwise
indicates, the following terms have the following meanings.

 
1. Allocation year. "Allocation year" means the year that
subsidy is distributed to school administrative units.

 
1-A.__Base year.__"Base year" means the 2nd year prior to the
allocation year.

 
1-B.__Bus purchase costs.__"Bus purchase costs" includes
expenditures for bus purchases approved by the commissioner and
made during the year prior to the allocation year.

 
2. Clerical staff. "Clerical staff" means full-time
equivalent public school secretaries, as documented in the
department's database.

 
2-A.__Debt service costs.__"Debt service costs," for subsidy
purposes, includes:

 
A.__Principal and interest costs for approved major capital
projects in the allocation year, including the initial local
share of school construction projects that received voter
approval for all or part of their funding in referendum in
fiscal year 1984-85;

 
B.__Lease costs for school buildings when the leases,
including leases under which the school administrative unit
may apply the lease payments to the purchase of portable,
temporary classroom space beginning January 1, 1988, have
been approved by the commissioner for the year prior to the
allocation year.__Beginning July 1, 1998 lease costs include
costs for leasing:

 
(1)__Administrative space.__A school administrative
unit may lease administrative space with state support
until July 1, 2003. A school administrative unit
engaged in a lease-purchase agreement for
administrative space is eligible for state support
until July 1, 2008;

 
(2)__Temporary interim nonadministrative space.

 
(a)__A school administrative unit with state-
approved need for nonadministrative space


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