April 06, 2020
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ABBOT: PUBLIC HEARING ON FUNDING FORMULA

How residents feel about SAD 4’s vote last month to keep the same local education cost-sharing funding formula will be discussed at a public hearing at 7 p.m. Monday, Oct. 16, in the municipal building. To bring about some property tax relief, Abbot residents had supported a move to change the funding formula and had proposed that the local additional funds be assessed solely on per-pupil costs without factoring in municipal valuations. The local additional formula is the only one that can be changed under Maine law. An 18-member committee of school board members and residents from Guilford, Sangerville, Abbot, Parkman, Cambridge, and Wellington voted 15-3 last month, however, to keep the same funding formula that has been in place since 1958. The hearing is to determine whether residents want to drop the matter or pursue another course of action, Selectman Jan Ronco said Monday.


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