An Act To Require the State To Meet the Mandatory 55 Percent Contribution to Schools
Sec. 1. 20-A MRSA §15671, sub-§7, ¶B, as amended by PL 2017, c. 284, Pt. C, §19, is further amended to read:
(1) For fiscal year 2005-06, the target is 52.6%.
(2) For fiscal year 2006-07, the target is 53.86%.
(3) For fiscal year 2007-08, the target is 53.51%.
(4) For fiscal year 2008-09, the target is 52.52%.
(5) For fiscal year 2009-10, the target is 48.93%.
(6) For fiscal year 2010-11, the target is 45.84%.
(7) For fiscal year 2011-12, the target is 46.02%.
(8) For fiscal year 2012-13, the target is 45.87%.
(9) For fiscal year 2013-14, the target is 47.29%.
(10) For fiscal year 2014-15, the target is 46.80%.
(11) For fiscal year 2015-16, the target is 47.54%.
(12) For fiscal year 2016-17, the target is 48.14%.
(13) For fiscal year 2017-18, the target is 49.14%.
(14) For fiscal year 2018-19, the target is 50.14%.
(15) For fiscal year 2019-20 and thereafter, the target is 55%.
summary
This bill increases the target for the state share percentage of the statewide adjusted total cost of the components of essential programs and services to 55%, as required by law, beginning in fiscal year 2019-20 and continuing at that rate annually.