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An Act To Increase State Funding to Maine Public Charter Schools
Be it enacted by the People of the State of Maine as follows:
Sec. 1. 20-A MRSA §15683-B, sub-§3, as enacted by PL 2015, c. 54, §6, is amended to read:
 
3. Operating allocation.   The commissioner shall determine a public charter school's operating allocation for each year as the sum of:
 
A. The base allocation, which is the pupil count pursuant to subsection 2, paragraph A multiplied by the public charter school's EPS per-pupil rates calculated pursuant to subsection 1;
 
B. The economically disadvantaged student allocation, which is the pupil count determined pursuant to subsection 2, paragraph B multiplied by the additional weight for each economically disadvantaged student pursuant to section 15675, subsection 2;
 
C. The limited English proficiency student allocation, which is the pupil count pursuant to subsection 2, paragraph C multiplied by the additional weight for each limited English proficiency student pursuant to section 15675, subsection 1;
 
D. The targeted funds for standards-based system allocation, which is based on the per-pupil amount pursuant to section 15683, subsection 1, paragraph C multiplied by the pupil count pursuant to subsection 2, paragraph A;
 
E. The targeted funds for technology resource allocation, which is based on the per-pupil amount pursuant to section 15683, subsection 1, paragraph D multiplied by the pupil count in subsection 2, paragraph A; and
 
F. The targeted funds for public preschool to grade 2 student allocation, which is based on the preschool to grade 2 pupil count pursuant to subsection 2, paragraph A multiplied by the public charter school's elementary EPS per-pupil rates in subsection 1.
 
The operating allocation calculated pursuant to this subsection must be adjusted by multiplying it by the appropriate transition percentage in accordance with section 15671, subsection 7105%.
 
SUMMARY
This bill changes the multiplier for adjusting a public charter school's operating allocation from the appropriate transition percentage in accordance with the Maine Revised Statutes, Title 20-A, section 15671, subsection 7 to 105%.