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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