§15001. Definitions As used in this Title and Title 20, unless the context indicates otherwise, the following terms have the following meanings. [PL 1981, c. 693, §§5, 8 (NEW).] 1. Aggregate attendance. “Aggregate attendance” means the total number of days of attendance for one school year in elementary and secondary schools of each regularly […]
§15002-A. Permanent School Fund The Treasurer of State shall keep a separate account of all money received from sales of lands appropriated for the support of schools or from notes taken therefor and of any other money appropriated for the same purpose. Those sums constitute the Permanent School Fund, which must be invested in such […]
§15002. Permanent school fund (REPEALED) SECTION HISTORY PL 1981, c. 693, §§5,8 (NEW). PL 1985, c. 774, §6 (RP).
§15003. School fiscal year Notwithstanding any statute or charter provision to the contrary, a school administrative unit shall annually adopt a school budget for a period beginning on July 1st and ending on June 30th. [PL 1981, c. 693, §§ 5, 8 (NEW).] SECTION HISTORY PL 1981, c. 693, §§5,8 (NEW).
§15004. Unexpended balances The unexpended balance of all money raised by a school administrative unit, received from the State for general-purpose aid or for other educational programs; from the Federal Government directly or from the Federal Government through the State; from tuition payments made by other units, the State, or by individuals; and other receipts […]
§15005. Apportionments 1. Apportionments. Unless otherwise required by law, the State shall pay apportionments to school administrative units, career and technical education regions and private schools annually commencing in July. The State shall pay an amount not to exceed 1/12 of the subsidy each month no later than the last day of the month. The […]
§15006. School money; finance committees 1. Municipal schools. Money appropriated for public schools for educational purposes may be paid from the treasury of a municipality by the treasurer of the municipality in the following circumstances: A. Upon written order of the municipal officers following receipt of a bill of items certified by the superintendent […]
§15007. Ministerial and school lands All income derived from ministerial and school lands within a municipality and from rents and profits of real and personal estate held under Title 13, section 3166, shall be annually applied to the support of public schools in the municipality or the schooling of resident students and expended like other […]
§15008. Fuel cost stabilization fund A school administrative unit may establish and expend a fuel cost stabilization fund as provided in this section. [PL 2009, c. 104, §1 (NEW).] 1. Establishment and funding. The voters or other legislative body of a school administrative unit may establish a fuel cost stabilization fund and may raise […]
