Maine Revised Statutes
Subchapter 4: FINANCING
20-A §1482. Budget preparation

§1482. Budget preparation
1.  Preparation by regional school unit board.  A regional school unit board shall annually prepare a budget for:  
A. Operational costs;   [PL 2007, c. 240, Pt. XXXX, §13 (NEW).]
B. Bonds falling due;   [PL 2007, c. 240, Pt. XXXX, §13 (NEW).]
C. Interest on bonds or other obligations;   [PL 2007, c. 240, Pt. XXXX, §13 (NEW).]
D. Rentals and other charges in a contract; and   [PL 2007, c. 240, Pt. XXXX, §13 (NEW).]
E. Temporary loans.   [PL 2007, c. 240, Pt. XXXX, §13 (NEW).]
[PL 2007, c. 240, Pt. XXXX, §13 (NEW).]
2.  Distribution.  At least 7 days before a regional school unit budget meeting, the regional school unit board shall make available to the legislative body responsible for final budget approval and residents of the regional school unit a detailed budget document. The detailed budget document must include a summary of anticipated revenues and estimated school expenditures.  
[PL 2007, c. 240, Pt. XXXX, §13 (NEW).]
SECTION HISTORY
PL 2007, c. 240, Pt. XXXX, §13 (NEW).

Structure Maine Revised Statutes