An Act To Improve Equity in State Aid to Schools
Sec. 1. 20-A MRSA §15689, sub-§14 is enacted to read:
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This bill provides for an adjustment in the state share of the total allocation to a highly funded school, which is defined as a school administrative unit whose total spending on education programs and services in the most recent year for which data is available exceeded 108% of the total cost of the components of essential programs and services for that school administrative unit in that year, excluding any adjustment made pursuant to this new provision. The Commissioner of Education is required to decrease the state share of the total allocation to a highly funded school by an amount equal to the difference between 108% of the total cost of the components of essential programs and services for that school administrative unit in the previous fiscal year and the amount spent by the school administrative unit on education programs and services in the previous fiscal year.