LD 806 - An Act to Authorize Fuel Cost Stabilization Funds to be Established in School Administratio
March 2, 2009 -
Committee Report: Ought to Pass as Amended, with a unanimous committee vote of 13-0
Summary
This bill permits a school administrative unit to establish a fuel cost stabilization fund for unexpected heating and transportation fuel costs. The appropriations and transfers into the fund may not exceed the highest annual cost for fuel that the school administrative unit has experienced in its 3 most recent fiscal years.
