An Act to Clarify the Amount and Use of Unallocated Balances in a School Administrative Unit Budget

This bill changes how Maine school administrative units manage leftover funds. It requires that unspent money from one year be carried forward and spent on educational programs in the next year, rather than just credited. It also directs unallocated general operating funds exceeding 5% of the previous year's budget to be used for educational programs, instead of reducing state and local subsidies.

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