Whereas, this legislation needs to take effect before the expiration of the 90-day period to enable the voters of the Five Town Community School District to vote on a budget that is based on the cost-sharing formula established in this legislation; and

Whereas, in the judgment of the Legislature, these facts create an emergency within the meaning of the Constitution of Maine and require the following legislation as immediately necessary for the preservation of the public peace, health and safety; now, therefore,

Be it enacted by the People of the State of Maine as follows:

Sec. 1. P&SL 1993, c. 64, §10, sub-§1, as amended by P&SL 1993, c. 87, §1, is repealed.

Sec. 2. P&SL 1993, c. 64, §10, sub-§§1-A and 1-B, as enacted by P&SL 1993, c. 87, §2, are repealed.

Sec. 3. P&SL 1993, c. 64, §10, sub-§1-C is enacted to read:

1-C.__Cost-sharing formula.__Beginning July 1, 2005, the community school district shall share its costs, including additional local funds, among the member municipalities in proportion to each municipality's required contribution to the total cost of funding education as described in the Essential Programs and Services Funding Act in the Maine Revised Statutes, Title 20-A, chapter 606-B.

Sec. 4. P&SL 1993, c. 64, §10, sub-§2, as amended by P&SL 1993, c. 87, §3, is repealed.

Sec. 5. P&SL 1993, c. 64, §10, sub-§3 is amended to read:

3. Amendment of formula. The cost-sharing formula applicable to the community school district's additional local funds may be amended pursuant to the Maine Revised Statutes, Title 20-A, section 1704.

Emergency clause. In view of the emergency cited in the preamble, this Act takes effect when approved.