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Recommended Funding Level

Commissioner’s. Recommended Funding Level. Maine State Board of Education December 12, 2007. Key Funding Level Assumptions. Essential Programs and Services Model Operating Costs

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Recommended Funding Level

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  1. Commissioner’s Recommended Funding Level Maine State Board of Education December 12, 2007

  2. Key Funding Level Assumptions Essential Programs and Services Model • Operating Costs • Per Pupil Amounts for System Administration and Operation & Maintenance of Plant Reduced as Required by §15680, sub-§1A&B • Per Pupil Weights for Economically Disadvantaged, Limited English Proficiency, And K-2 Specialized Population • All Other Per Pupil Dollar Amounts Inflated One Year • An Adjustment for Isolated Small Schools Continues • Other Subsidizable Costs • EPS Special Education Model As Defined in 20-A MRSA Chapter 606-B including the Reduction Required by §15681-A, sub-§-2A • EPS Transportation Model As Defined in Chapter 606-B including the Reduction Required by §15681-A, sub-§-3A • Vocational Education and Gifted & Talented Continue Using Current Method Until an EPS Model is Approved

  3. Key Funding Level Assumptions Essential Programs and Services Model • Debt Service • Continues to Include State Approved Major Capital Debt, Lease, Lease Purchase, and Insured Value Factor Costs • Adjustments & Miscellaneous Costs • Includes State Agency Clients and Wards State Local Share of K-12 Public Education • State Share per 20-A MRSA Chapter 606-B Requirements • 55% of EPS Defined Costs – Phase-in Now Complete • Local Share per 20-A MRSA Chapter 606-B Requirements • Mill Rate Required to Achieve 45% EPS Defined Costs

  4. Debt Service Debt Service $99,220,409 $99,220,409 5% 5% Major Capital Construction Debt Temporary Lease Space Lease Purchase Conversions Major Capital Construction Debt Temporary Lease Space Lease Purchase Conversions Adjustments Adjustments $74,937,629 $74,937,629 4% Current Practice Continues Current Practice Continues State Agency Clients & Wards Other Misc. Costs State Agency Clients & Wards Other Misc. Costs Other Subsidizable Costs Other Subsidizable Costs $373,299,516 $373,299,516 Operating Costs Operating Costs Special Education Transportation Vocational Education Gifted & Talented Special Education Transportation Vocational Education Gifted & Talented $1,328,039,781 $1,328,039,781 71% 71% Salary and Benefits System Administration Operation & Maintenance Supplies & Equipment Other Instructional Support Transition Adjustments Salary and Benefits System Administration Operation & Maintenance Supplies & Equipment Other Instructional Support Transition Adjustments 20% 20% 20-A MRSA Chapter 606B Applying the EPS Model to FY2009 100% EPS Model $1,875,497,335 State & Local Amount Required (State & Local) to Fund the EPS Model for FY2009

  5. The Cost of Funding Public Education K-12 for FY2008-09 • Total Operating Allocation 100% • Operating Costs $1,328,039,781 • per 20-A MRSA Section 15683 • Other Subsidizable Costs $373,299,516 • per 20-A MRSA Section 15681-A • Total Operating & Other Subsidizable Allocation $1,701,339,297 • Total Debt Service Allocation $99,220,409 • Total Adjustments and Miscellaneous $74,937,629 • Total Cost of Funding Public Education $1,875,497,335 • from Kindergarten to Grade 12 for 2008-09 • State Contribution @ 55% $1,031,523,534 • Local Contribution @ 45% $843,073,801 • Local Mill Expectation 6.64 Mills

  6. The Cost of Funding Public EducationK-12 for FY2008-09

  7. The Cost of Funding Public EducationK-12 for FY2008-09

  8. Education Funding Law Implementation State / Local Share of Education Costs FY2008 and FY2009 Funding Requirements 2.0 100%EPS $1,895,210,824 100%EPS 100%EPS $1,829,788,109 $1,875,497,335 100%EPS $1,786,037,540 1.8 $1,827,623,778 95%EPS $1,697,174,567 1.6 $1,578,447,540 90%EPS Local Share $ $843,973,801 6.64 Mills 84%EPS 1.4 $846,003,440 7.44 Mills $783,076,345 7.60 Mills 1.2 $742,331,574 8.26 Mills $1,031,523,534 $977,958,385 1.0 $914,098,222 K-12 EDUCATION COSTS TOTAL (BILLIONS) $836,115,966 55.0% 55.0% 51.60% State Share (of 100% EPS) 53.51% State Share (of 95% EPS) .8 50.0% State Share (of 100% EPS) $737,013,147 46.5% State Share (of 100% EPS) State Share $ .6 .4 FY08FY09 RFL .2 100% of EPS Model Costs J.E. Rier 12-11-07 Department of Education Phase-in of EPS / LD-1 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10

  9. SPO Projections 3-04 Total State Resident Enrollments 220 214,476 215 210 205 204,106 201,125 Residents Educated at Public Expense 200 198,070 195 194,838 191,659 190 185 180 175 97 99 01 03 05 07 09 11 13 15 17 Source: Maine State Planning Office 3-04 Graphics: J.E Rier 12-13-06

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