M.S.A.D. No. 75

SCHOOL BUDGET REPORT

2008-2009

TABLE OF CONTENTS

Letter from the Finance Committee Chair.......................................................................1

District Information/Distinctions......................................................................................4

From the Superintendent/Budget Approval - A Two Step Process..................................5

Adjustments to the Budget ..........…………………………….......................................6

2007-2008 Board Goals..................................……………….......................................7

Specimen Ballot..............................................................................................................7

Definition of Terms...................……………………………….......................................8

Explanation of Warrant Articles…...................................................................................8

M.S.A.D. No. 75 Warrant and Summary of Warrant Articles.....................................9-12

2008 Revenue Projections/Revenue Sources FY '08 vs. FY '09.....................................12

Local Cost-Sharing Formula/EPS Allocation/Municipal Cost-Sharing Formula................13

District Report Card for 2007-2008..............................................................................14

Budget Validation Referendum Polling Places and Times..................................................16