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INFORMATIONAL LETTER#43

POLICY CODE:IHAJ

 

 

TO:†††† ††††††††††† Superintendents, Principals, School Board Chairs, State

Board of Education, and College Deans

 

FROM:††††††††††† J. Duke Albanese, Commissioner

 

DATE:††††††††††† February 5, 2001

 

SUBJECT:††††††††††† Final Report of the Task Force on the Maine Learning Technology Endowment

(MLTE)

 

††††††††††† The Task Force on the Maine Learning Technology Endowment (MLTE) presented its final report and recommendations to the Joint Standing Committee on Education and Cultural Affairs on January 31, 2001.The full text of the report can be viewed on the Department of Education web site (http://www.maine.gov/legis/opla/MLTErpt.PDF) Below is a bulleted summary of the Task Force recommendations:

 

MAINE LEARNING TECHNOLOGY ENDOWMENT (MLTE) RECOMMENDATIONS:

 

††††††††††† The following recommendations were approved by a unanimous vote of Task Force members:

 


 

 

o       INVESTMENT AND CASH FLOW SCENARIOS:The Phase I plan, as recommended by the Task Force, is achievable within the $50 million endowment.By analyzing variables that affect investment strategies, it is hoped that adequate funds will be available to launch a Phase II (Grades 9-12).Additional fundraising and grants from third-party sources would be necessary to support the Phase II expansion to the high school grades.

 

NEXT STEP:LEGISLATIVE CONSIDERATION OF THE PLAN

 

††††††††††† The legislation creating the Task Force on the Maine Learning Technology Endowment authorized the Joint Standing Committee on Education and Cultural Affairs of the 120th Legislature to report out any legislation necessary to implement these recommendations.The Task Force has proposed draft legislation to the Committee for that purpose.

 

The Department of Education will be updating you as the proposal moves through the Joint Standing Committee on Education and Cultural Affairs and the full Maine Legislature.

 

JDA:kpl