126th MAINE LEGISLATURE
		LD 464		LR 1633(01)
	An Act To Change Compensation for Career and Technical Education Region Cooperative Board Meeting Attendance
	Preliminary Fiscal Impact Statement for Original Bill
	Sponsor: Rep. Chapman of Brooksville
	Committee: Education and Cultural Affairs
	Fiscal Note Required: Yes
Preliminary Fiscal Impact Statement
Current biennium cost increase - Local School Administrative Units
			FY 2013-14	FY 2014-15	Projections  FY 2015-16	Projections  FY 2016-17
Net Cost (Savings)
	General Fund		$0	$0	$2,640	$2,640
Appropriations/Allocations
	General Fund		$0	$0	$2,640	$2,640
Fiscal Detail and Notes
	Increasing the compensation for a career and technical education region cooperative board member by up to $10 for each meeting the member attends will increase the total State and local cost of K-12 public education and the State's share of that cost.  The cost to local school administrative units, estimated to be $4,800 per year, will begin in the 2013-14 school year.  These costs will be included in the subsidy calculation for Career and Technical Education in fiscal year 2015-16 with the State's share estimated to be $4,800 * 55% or $2,640 based on current law.