B. The school administrative unit's special education costs as calculated pursuant to section 15681-A, subsection 2 multiplied by the following transition percentages:

(1) In fiscal year 2005-06, 84%;

(2) In fiscal year 2006-07, 90% 84%;

(3) In fiscal year 2007-08, 95%; and

(4) In fiscal year 2008-09 and succeeding years, 100%.

Sec. I-2. Delayed school construction project. If the Commissioner of Education delays the bonding of a school construction project during the 2006-2007 biennium and the school administrative unit is allowed by the commissioner to proceed with the project by using bond anticipation notes, the commissioner may include the interest cost of the temporary borrowing that exceeds the interest income on the proceeds during the period of the delayed bonding in the school administrative unit's state and local allocation as a debt service cost or as an adjustment to that unit's monthly subsidy payments.

Sec. I-3. Federal reimbursement. Notwithstanding any other provision of law, the Department of Education is responsible for capturing the maximum federal reimbursement to local school districts for the following MaineCare services: school-based rehabilitation, day treatment and targeted case management services beginning in January 2006.

Sec. I-4. Appropriations and allocations. The following appropriations and allocations are made.

EDUCATION, DEPARTMENT OF

General Purpose Aid for Local Schools 0308

Initiative: Reduces funding for school bus purchases in fiscal year 2006-07.

GENERAL FUND 2005-06 2006-07

All Other $0 ($3,200,000)

__________ ____________

GENERAL FUND TOTAL $0 ($3,200,000)

General Purpose Aid for Local Schools 0308