SUGGESTED SUPPLEMENTAL SCHOOL BUDGET ARTICLES TO APPROPRIATE MONIES FOR THE FISCAL YEAR

PLEASE NOTE:  
These articles are Maine Department of Education general recommendations only to be used as needed. For more specific or detailed articles, please consult with your school administrative unit’s legal representative.

Articles authorizing lease-purchases and notes
The following articles only authorize the borrowing of funds – they do not authorize the annual appropriation or expenditure.
 
Bus Purchase: (Needed only if purchases are to be financed.)

ARTICLE _______ Shall the municipal officers/school directors be authorized to issue notes not to exceed a period of five years in the name of the municipality/district for the purpose of purchasing school bus(es) in an amount not to exceed $________________ and appropriate the same. 

Repair & Replacement Notes:
(Note: Maine Revised Statutes, Title 20-A, §1351 requires that school administrative districts submit this article to a referendum vote)

ARTICLE _______ Shall the municipal officers/school directors be authorized to issue bonds or notes in an amount not to exceed a period of ________ years in the name of the municipality/district for the purpose of replacing  (repairing) the ____________________________________________________________ in an amount not to exceed $__________________ and appropriate the same. 

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Reserves 
The following articles only authorize the establishment of a reserve – they do not authorize the annual appropriation or expenditure.

Suggested Article to set up Reserves from a Balance of Funds at Year End:

ARTICLE _______ To see what sum the municipality/district/unit will appropriate from the ending balance of school general operating funds for the ____________ year to establish a reserve for _____________________________________________.
                                              	  (Reason for Reserve) 
Recommend $________________________

Suggested Article to Authorize Expenditure of Reserved Funds:

ARTICLE _______To see what sum the municipality/district/unit will authorize the school board to expend in the fiscal year beginning July 1, 20 __ and ending June 30, 20 __ from the reserve already established for the purpose of____________________________________.