LD 30
pg. 9
Page 8 of 13 An Act To Apply a System of Spending Limitations to State, County and Municipal... Page 10 of 13
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LR 891
Item 1

 
and riots.__"Extraordinary event" does not include changes in
economic conditions, revenue shortfalls or increases in salaries or
benefits.__An appropriation under this subsection may not cause the
unit's assessment limit to be adjusted for any future fiscal years
and may not continue for longer than required to comply with the
court order or decree or address the extraordinary event.

 
6.__Election.__A school administrative unit may elect to raise
its assessment limit upon the affirmative vote of a majority of
the voters of the unit voting by referendum, which may be held at
any regular or special election.__Notwithstanding any law to the
contrary, the referendum may be called only upon the affirmative
vote of a majority of the governing body of the school
administrative unit and must be governed according to state law
for municipalities under Title 30-A or according to any specific
law or charter applicable to that unit.__The warrant for the
referendum must set forth the question in the following form:__
"Do you favor raising the levy limit of [name of school
administrative unit] for the purpose of [insert purpose]?"

 
7.__Exceeding base-year relationship to essential programs and
services school funding model; referendum ratification required.__
Beginning with the 2006-2007 school year budget, the legislative
body of a school administrative unit must approve or otherwise
ratify by a referendum process and in a separate article any
school budget that appropriates a combination of state and local
resources that exceeds the total budget identified as reasonably
necessary for that school administrative unit according to this
subchapter, as divided by its base-year factor.__For the purposes
of this subsection, any school administrative unit's base-year
factor is calculated with the numerator being the total budget
identified as reasonably necessary for that school administrative
unit according to this chapter for the 2005-2006 school year and
the denominator being the actual amount of state and local
resources appropriated for the school administrative unit by its
legislative body for that same fiscal year, except that the base-
year factor may not exceed 1.0.__The referendum procedures
governing voting on the school budget adoption or ratification
must be in accordance with sections 1305, 1305-B, 1701-B or, for
municipal school systems, Title 30-A, section 2528, and the
article presented to the voters must be in the following form:
"Do you favor adopting a school budget that exceeds the school
budget identified as reasonably necessary according to the
essential programs and services school funding model?"

 
8.__Treatment of surplus.__Any assessments collected by a
school administrative unit in any fiscal year in excess of its
assessment limit, as determined by a final audited accounting,


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