Recommended Funding Level

1
Commissioners
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-1AB
• 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
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 _at_ 55
1,031,523,534 Local Contribution _at_ 45
843,073,801 Local Mill
Expectation 6.64
Mills
6
The Cost of Funding Public Education K-12 for
FY2008-09
7
The Cost of Funding Public Education K-12 for
FY2008-09
8
Education Funding Law Implementation

State / Local Share of Education Costs
FY2008 and FY2009 Funding Requirements
2.0
100EPS 1,895,210,824

100EPS
100EPS 1,829,788,109
1,875,497,335
100EPS 1,786,037,540
1.8
1,827,623,778
95EPS
1.6
1,697,174,567
1,578,447,540
90EPS
Local Share
843,973,801 6.64 Mills
84EPS
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
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