Sec. E-14: Minimum allocation

Sec. E-14. 20-A MRSA §15689, sub-§1, ¶A, as repealed and replaced by PL 2005, c. 2, Pt. D, §58, is further amended to read:

1.         Minimum state allocation.  Each school administrative unit must be guaranteed a minimum state share of its total allocation that is an amount equal to the greater of the following:

 

A.        The sum of the following calculations:

 

(1) Multiplying 5% of each school administrative unit's essential programs and services per-pupil elementary rate by the average number of resident kindergarten to grade 8 pupils as determined under section 15674, subsection 1, paragraph C, subparagraph (1); and

 

(2) Multiplying 5% of each school administrative unit's essential programs and services per-pupil secondary rate by the average number of resident grade 9 to grade 12 pupils as determined under section 15674, subsection 1, paragraph C, subparagraph (1).

 

(3)  The 5% percentages in subsections 2 and 3 shall be replaced by the following:

 

i.          4% for the 2009-10 funding year including funds provided under Title XIV, the State Fiscal Stabilization Fund of the American Recovery and Reinvestment Act of 2009;

 

ii.          3% for the 2010-11 funding year including funds provided under Title XIV, the State Fiscal Stabilization Fund of the American Recovery and Reinvestment Act of 2009; and

 

iii.         3% for the 2011-12 funding year and subsequent years.

 

These funds must be an adjustment to the school administrative unit's state and local allocation after the state and local allocation has been adjusted for debt service pursuant to subsection 2. Beginning July 1, 2007, these funds must be an adjustment to the school administrative unit's state and local allocation in addition to the state and local allocation that has been adjusted for debt service pursuant to subsection 2.