126th MAINE LEGISLATURE
		LD 464		LR 1633(04)
	An Act To Change Compensation for Career and Technical Education Region Cooperative Board Meeting Attendance
	Fiscal Note for Bill as Amended by Committee Amendment " "
	Committee: Appropriations and Financial Affairs
	Fiscal Note Required: Yes
Fiscal Note
Current biennium cost increase - Local School Administrative Units
			FY 2013-14	FY 2014-15	Projections  FY 2015-16	Projections  FY 2016-17
Net Cost (Savings)
	General Fund		$0	$0	$0	$2,640
Appropriations/Allocations
	General Fund		$0	$0	$0	$2,640
Fiscal Detail and Notes
	Increasing the compensation for a career and technical education region cooperative board member by up to $10 for each meeting the member attends will increase the total State and local cost of K-12 public education and the State's share of that cost.  The cost to local school administrative units, estimated to be $4,800 per year, will begin in the 2014-2015 school year.  These costs will be included in the subsidy calculation for Career and Technical Education in fiscal year 2016-17 with the State's share estimated to be $4,800 x 55% or $2,640 based on current law.