FY 2013-14 FUNDING
- Public link to new preliminary 2013-14 ED279 reports (Updated June 27, 2013)
Key Factors in Enacted Funding Level:
- Normal Retirement Costs for current employees (2.65% of salaries) becomes the responsibility of SAUs beginning with salaries paid after July 1, 2013 and reported to Maine State Retirement beginning August 15, 2013 and monthly thereafter.
- The approved state budget for FY2013-14 includes $19.7 million in additional (new) GPA. The removal of many initiatives in the Governor's budget that would have provided additional funding directly to school units for specific purposes adds $8.4 million to the total amount to be redistributed to SAUs through the funding formula. Therefore the total amount of new GPA to be distributed is $28.1 million.
- The minimum special education subsidy percentage is increased from 25% to 35% for FY2013-14.
- The approved state budget also includes a provision that would allow private schools that are required to pay the normal retirement costs for their employees eligible for Maine State Retirement (2.65% of salaries) beginning in FY2013-14 to increase the maximum allowable tuition rate by an amount equal to the estimated normal costs divided by their attending pupil count.
- The newly released ED279 printouts include MaineCare Seed adjustments for some units for previously unrecovered payments for 2011-12 and 2012-13.
Local Budget considerations resulting from the enactment of the state budget and new ED279's are released:
- Depending on the status of your FY2013-14 budget, you should review 20-A §1488 (Special Budget Meeting) and consult your legal counsel.
- Local Appropriations - Percentage of the local share that must be raised in order to receive full State Subsidy for FY 14 = 84.22%
General EPS Information
Special Education EPS Allocation for 2013-14
Step 1: Base Component - Applies 1.277 weight (for the excess cost) to all students up to 15% of subsidizable students in PDF
Step 2: Prevalence Adjustment - Applies .38 weight (for the excess cost) to all students above 15% of subsidizable students in PDF
Step 3: Size Adjustment - Applies .29 weight for additional funds for school administrative units with fewer than 20 students w/disabilities in PDF
Step 4: High Cost In-District Adjustment - Allocates additional funds for students estimated to cost 3X the statewide special education EPS rate in PDF
Step 5: High Cost Out-of-District Adjustment - Allocates additional funds for students estimated to cost 4X the statewide special education EPS rate --- ESTIMATE in PDF
Step 6: EPS Special Education Allocation (with EPS Maintenance of Effort Adjustment and High Cost Out-of-District Adjustment) in PDF
Transportation EPS Operating Allocations for 2013-14
If you have questions, you may contact:
Jim Rier, Suzan Beaudoin, Joanne Allen, or Paula Gravelle
School Finance & Operations Team
23 State House Station, Augusta, ME 04333
Phone: (207) 624-6790
Fax: (207) 624-6791