Maine Revised Statutes Title 20-A Sec. 1482 – Budget preparation
Current as of: 2023 | Check for updates
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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).]
Terms Used In Maine Revised Statutes Title 20-A Sec. 1482
- Contract: A legal written agreement that becomes binding when signed.
- Regional school unit: means the state-approved unit of school administration as established pursuant to chapter 103?A. See Maine Revised Statutes Title 20-A Sec. 1
- Regional school unit board: means the board of directors that is the governing body with statutory powers and duties of a regional school unit. See Maine Revised Statutes Title 20-A Sec. 1
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).