Approved: 03/06/25 LD 787 LR 1822(01) FY 2025-26 FY 2026-27 Projections FY 2027-28 Projections FY 2028-29 Net Cost (Savings) General Fund $650,000 $650,000 $650,000 $650,000 Appropriations/Allocations General Fund $650,000 $650,000 $650,000 $650,000 Fiscal Detail and Notes This bill includes ongoing General Fund appropriations totaling $650,000 per year beginning in fiscal year 2025-26 to the General Purpose Aid for Local Schools program within the Department of Education to provide funding for the Maine School of Science and Mathematics. Of that amount, $400,000 is appropriated to support the administrative operations of the school and $250,000 is appropriated for financial support to in-state students who demonstrate a need for room and board expenses. Preliminary Fiscal Impact Statement 132nd MAINE LEGISLATURE An Act to Clarify Residency Requirements for and Provide Funding to the Maine School of Science and Mathematics Preliminary Fiscal Impact Statement for Original Bill Sponsor: Sen. Grohoski of Hancock Committee: Education and Cultural Affairs Fiscal Note Required: Yes LR1822(01) - Fiscal Note - Page 1 of 1