Date:  10/26/04
EXHIBIT C
EDUCATION FUNDING
(Actual Expenditures Except Where Noted)
FISCAL YEAR GENERAL PURPOSE AID TEACHERS' RETIREMENT SCHOOL CONSTRUCT/ RENOVATIONS ADULT EDUCATION SUBSIDY OTHER GRANTS EXPEND LOW INCOME STUDENT ADJ TOTAL
APPROPR. EXPEND.
1986 $293,462,316 $294,031,931 $66,701,261 $2,731,637 $2,198,087 $18,632,828 $0 $384,295,744
1987 $313,465,000 $309,565,708 $68,642,767 $3,083,362 $2,374,102 $31,165,759 $0 $414,831,698
1988 $345,193,793 $345,722,428 $87,617,257 $4,459,809 $2,820,911 $38,507,586 $0 $479,127,991
1989 $429,832,728 $428,527,889 $93,783,916 $280,968 $3,381,599 $6,006,400 $0 $531,980,772
1990 $475,471,927 $475,851,126 $116,799,187 $0 $3,379,330 $7,205,834 $5,580,425 $608,815,902
1991 $482,735,768 $487,108,393 $111,704,930 $0 $3,999,658 $6,003,382 $2,499,997 $611,316,360
1992 $511,125,568 $512,953,097 $85,708,221 $0 $3,800,025 $3,835,349 $494,153 $606,790,845
1993 $515,304,022 $518,912,040 $139,184,431 $0 $3,610,503 $3,432,247 $490,196 $665,629,417
1994 $519,931,666 $519,422,300 $101,110,616 $0 $3,636,503 $2,842,092 $0 $627,011,511
1995 $521,910,192 $519,249,719 $128,591,206 $0 $3,610,503 $4,296,381 $0 $655,747,809
1996 $534,073,396 $529,231,497 $127,425,266 $0 $3,245,503 $2,445,700 $0 $662,347,966
1997 $544,460,070 $545,883,875 $135,599,057 $0 $3,610,503 $2,806,557 $0 $687,899,992
1998 $595,516,654 $595,797,900 $151,539,355 $0 $3,610,503 $3,272,182 $0 $754,219,940
1999 $593,048,207 $591,171,582 $161,328,194 $19,575,000 $3,754,923 $8,345,414 $0 $784,175,113
2000 $625,785,284 $624,751,951 $153,641,283 $23,420,315 $3,942,671 $3,437,028 $0 $809,193,248
2001 $664,131,846 $664,478,485 $162,620,983 $28,000,000 $4,139,803 $4,349,571 $0 $863,588,842
2002 $708,663,172 $702,469,605 $168,214,621 $0 $4,388,191 $4,633,375 $0 $879,705,792
2003 $713,493,588 $711,165,537 $179,899,248 $0 $4,563,721 $4,352,273 $0 $899,980,779
2004 $727,087,545 $722,981,043 $170,014,497 $0 $4,651,485 $4,247,242 $0 $901,894,267
2005 $734,536,621 $734,536,621 $181,698,128 $0 $4,672,554 $4,530,345 $0 $925,437,648
Notes: FY05 amounts are based on appropriations and allocations through the 2nd Special Session of the 121st Legislature.
            FY 03 and FY 04 include $25 million of expenditures journaled to the Federal Block Grant Fund to realize savings from the
            Federal Jobs and GrowthTax Reconciliation Act of 2003.
           FY 00 GPA includes $3,783,692 appropriated to and expended in the Hardship Cushion for General Purpose Aid account.
           FY 98 GPA appropriation includes $39,226,419 appropriated to the Department of Administrative and Financial Services
            for the June 1998 subsidy payment.
           Appropriations reflected for Teachers' Retirement include appropriations to the Retired Teachers' Health Insurance.
           FY 94 and FY 95 General Purpose Aid amounts include allocations of $15m and $1m respectively from funds received from the
           sale of a portion of Interstate 95 to the Maine Turnpike Authority.  The FY 95  General Purpose Aid amount includes $2.3m
           from the Long Falls Dam settlement.
           FY 93 General Purpose Aid amounts include $721,475 transferred from the Office of Substance Abuse.
           Teachers' Retirement for FY 91 includes a $49.1 million transfer from other retirement funds.