| 125th MAINE LEGISLATURE | ||||||
| LD 1017 | LR 877(01) | |||||
| An Act To Improve the Essential Programs and Services Funding Model by Providing for a Cost of Housing Adjustment | ||||||
| Preliminary Fiscal Impact Statement for Original Bill | ||||||
| Sponsor: Rep. Lovejoy of Portland | ||||||
| Committee: Education and Cultural Affairs | ||||||
| Fiscal Note Required: Yes | ||||||
| Preliminary Fiscal Impact Statement | ||||||
| FY 2011-12 | FY 2012-13 | Projections FY 2013-14 | Projections FY 2014-15 | |||
| Net Cost (Savings) | ||||||
| General Fund | $250,000 | $0 | $0 | $0 | ||
| Appropriations/Allocations | ||||||
| General Fund | $250,000 | $0 | $0 | $0 | ||
| Fiscal Detail and Notes | ||||||
| The General Purpose Aid for Local Schools program within the Department of Education will require a one-time General Fund appropriation of $250,000 in fiscal year 2011-12 for the costs associated with contracting with a statewide policy research institute to develop a regional adjustment to the salary and benefits costs of teachers and other school personnel based on the cost of housing in the counties in the State. | ||||||
| Any additional costs to the Maine State Housing Authority and the State Planning Office to consult on the availability of reliable housing cost data by county and the procedures necessary to annually review and update the cost of housing factor can be absorbed within their respective existing budgeted resources. | ||||||