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INFORMATIONAL LETTER: 73
POLICY CODE: DB
TO: Superintendents of Schools
FROM: Susan A. Gendron, Commissioner
DATE: January 4, 2005
RE: Estimated General Purpose Aid for Local Schools (GPA) Funding for FY 2005-06 and FY 2006-07
This letter is to provide you with unit-by-unit estimates for General Purpose Aid for Local Schools (GPA) funding for FY 2005-06 and FY 2006-07. These estimates are available at the following web page:
I encourage you to read this letter as well as information provided in the “Fact Sheet” and in the “Column-by-column explanation of the Comparison Spreadsheet” available at the above web page.
These estimates are based on the new Essential Programs and Services Model and the Mill Expectation Formula that was passed in the last session of the Legislature (Chapter 712). The State share of these estimates are based on the level of the funding for 2005-06 and 2006-07 as proposed by the Governor and are contingent upon LD #1 being enacted into law.
A summary of the education funding highlights is provided below:
General Purpose Aid for Education (GPA). Based on the Governor’s proposal and LD #1, t he proposed GPA appropriation for FY 2005-06 is $824,028,099 and the proposed appropriation for FY 2006-07 is $892,317,693.
The EPS Allocations includes the total of Operating Allocation, Other Subsidizable Costs and Debt Service defined as follows:
The state share includes adjustments for the debt service per 20-A MRSA Section 15689, 100% special education based on the EPS special education model and minimum state allocation.
For questions regarding estimates, please contact Jim Rier, Suzan Cameron or Joanne Allen of the Management Information Systems Team by email to email@example.com , firstname.lastname@example.org or email@example.com or call them at (207) 624-6790.