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LD1103 • 2025

An Act Regarding Unallocated Balances in a School Administrative Unit School Budget

An Act Regarding Unallocated Balances in a School Administrative Unit School Budget

Budget Education
Enacted

This bill passed the Legislature and reached final enactment based on the latest official action.

Sponsor
Senator Joseph Rafferty
Last action
2025-06-09
Official status
Signed by the Governor
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

An Act Regarding Unallocated Balances in a School Administrative Unit School Budget

An Act Regarding Unallocated Balances in a School Administrative Unit School Budget Sponsor: Senator Joseph Rafferty Reference committee: Education and Cultural Affairs Governor action: Signed by the Governor

What This Bill Does

  • An Act Regarding Unallocated Balances in a School Administrative Unit School Budget Sponsor: Senator Joseph Rafferty Reference committee: Education and Cultural Affairs Governor action: Signed by the Governor

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2025-06-09 Governor

    Signed by the Governor

  2. 2025-06-02 Senate

    PASSED TO BE ENACTED , in concurrence.

  3. 2025-05-29 House

    PASSED TO BE ENACTED . Sent for concurrence. ORDERED SENT FORTHWITH.

  4. 2025-05-22 Committee

    Reported Out; OTP/ONTP

  5. 2025-05-16 Committee

    Work Session Held

  6. 2025-05-16 Committee

    Voted; Divided Report

  7. 2025-03-14 Committee

    Referred to Committee on Education and Cultural Affairs.

Official Summary Text

An Act Regarding Unallocated Balances in a School Administrative Unit School Budget
Sponsor:
Senator Joseph Rafferty
Reference committee:
Education and Cultural Affairs
Governor action:
Signed by the Governor

Current Bill Text

Read the full stored bill text 
Page 1 - 132LR0811(03)
STATE OF MAINE
_____
IN THE YEAR OF OUR LORD
TWO THOUSAND TWENTY-FIVE
_____
S.P. 466 - L.D. 1103
An Act Regarding Unallocated Balances in a School Administrative Unit
School Budget
Be it enacted by the People of the State of Maine as follows:
Sec. 1. 20-A MRSA §15689-B, sub-§6, as amended by PL 2021, c. 213, §1, is
further amended to read:
6. Balance of allocations. Notwithstanding any other law, general operating fund
balances at the end of a school administrative unit's fiscal year must be carried forward to
meet the unit's needs in the next year or over a period not to exceed 3 years. Unallocated
balances in excess of 5% of the previous fiscal year's school budget must be used to reduce
the state and local share of the total allocation for the purpose of computing state subsidy.
School boards may carry forward unallocated balances in excess of 5% of the previous
year's school budget and disburse these funds in the next year or over a period not to exceed
3 years. For fiscal years 2021-22, 2022-23, 2023-24 and 2024-25 only, unallocated
balances in excess of 9% of the previous fiscal year's school budget must be used to reduce
the state and local share of the total allocation for the purpose of computing state subsidy
and school. School boards may carry forward unallocated balances in excess of 9% of the
previous fiscal year's school budget and disburse these funds in the next year or over a
period not to exceed 3 years.
APPROVED
JUNE 9, 2025
BY GOVERNOR
CHAPTER
208
PUBLIC LAW