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Maine Revised Statutes Title 20-A. Education § 1302. Budget preparation

Current as of January 01, 2025 | Updated by Findlaw Staff

The district budget shall be prepared as follows.

1. Preparation by board. The board of directors shall annually prepare a budget for:

A. Operational costs;

B. Bonds falling due;

C. Interest on bonds or other obligations;

D. Rentals and other charges in a contract;

E. A lease or agreement with the Maine School Building Authority; and

F. Temporary loans.

2. Distribution. At least 7 days before the district budget meeting, the board of directors shall make available to the legislative body responsible for final budget approval and residents of the district, a detailed budget document. It shall include a summary of anticipated revenues and estimated school expenditures.

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Cite this article: FindLaw.com - Maine Revised Statutes Title 20-A. Education § 1302. Budget preparation - last updated January 01, 2025 | https://codes.findlaw.com/me/title-20-a-education/me-rev-st-tit-20-a-sect-1302/

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