| 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?" |