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schools account, the appropriate increase in the general purpose | | aid for local schools allocation to School Administrative District | | No. 67 for 2005-06 must be applied as an audit adjustment to the | | general purpose aid for local schools allocation in fiscal year | | 2006-07. |
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| | | Emergency clause. In view of the emergency cited in the preamble, | | this Act takes effect when approved. |
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| | | This bill is reported out as an emergency bill by the Joint | | Standing Committee on Education and Cultural Affairs pursuant to | | Public Law 2005, chapter 2. The bill changes the cost-sharing | | mechanism established by the Essential Programs and Services | | Funding Act and incorporates transition provisions for certain | | school districts whose cost-sharing formulas may result in | | adverse impacts for member municipalities within the school | | districts. The bill accomplishes the following. |
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| | | 1. It provides an adjustment to the state share of the total | | allocation for school administrative districts and community | | school districts that have member municipalities with local | | contributions that are below the maximum mill rate expectation | | but that are adversely affected as a result of the cost-sharing | | mechanism established pursuant to the Maine Revised Statutes, | | Title 20-A, section 15688. |
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| | | 2. It provides transition provisions to the current cost- | | sharing formula of School Administrative District No. 71 for | | fiscal year 2005-06 to fiscal year 2008-09 and subsequent fiscal | | years. |
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| | | 3. It provides transition provisions to the cost-sharing | | formula of the Manchester, Mount Vernon, Readfield and Wayne | | Community School District for fiscal year 2005-06 to fiscal year | | 2008-09. |
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| | | 4. It provides a one-year extension to allow the Department | | of Education to continue to assist School Administrative District | | No. 74 in developing a transition plan to phase in the new method | | of determining member municipalities' local cost of education in | | accordance with Title 20-A, section 15688 by fiscal year 2008-09. |
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| | | 5. It authorizes the Commissioner of Education to adjust the | | allocation of general purpose aid to local schools for School | | Administrative District No. 67 in fiscal year 2005-06 should the | | state valuation for the Town of Lincoln be reduced due to a | | reduction in value of the Eastern Fine Paper plant. |
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