129th MAINE LEGISLATURE
LD 1773 LR 2322(01)
An Act To Clarify Bonding Authority for School Management and Leadership Centers
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Rep. Dodge of Belfast
Committee: Education and Cultural Affairs
Fiscal Note Required: No
             
Preliminary Fiscal Impact Statement
No change to debt service limit - major capital school construction projects
Fiscal Detail and Notes
This legislation will not impact the total cost of public education from kindergarten to grade 12 or the State's share of that cost.  School management and leadership centers will follow the same approval process as school administrative units for major capital projects in order to receive state funding and the statutory debt service ceiling for state-funded major capital construction projects will not change due to the provisions in this bill.