Printout shows modest increase in Cape school subsidy for 2021

Cape Elizabeth will likely see a modest increase in state funding for 2020-2021 under the governor's proposed supplemental budget.

Preliminary printouts published Jan. 30, 2020 indicate a subsidy of $1,689,949 for Cape Elizabeth for next year, plus a $44,415 incentive for participating in the state's Regional Service Initiative, bringing the total projected state funding to $1,734,364 for fiscal 2021. The figure is up 2.1 percent over this year's $1,698,042 allocation, which includes a $1,653,599 subsidy and $44,443 regional-service center incentive. [news article]

The School Board has begun work on formulating its expenditure budget and will next meet at 6:30 p.m. Tuesday, Feb. 25, in the High School library. All workshops are open to the public and will be broadcast live over CETV or recorded for video-on-demand.

The subsidy estimate is preliminary and depends on the Legislature's passage of Gov. Janet Mills' $127 million proposed supplemental budget for 2020-2021. Adjustments may be made to the subsidy printouts throughout fiscal 2021.

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