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| School Share Might Shrink |
| Written by Dick Broom |
| Friday, October 23, 2009 at 10:01 am |
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MOUNT DESERT — A drop in the proposed 2010 state valuation of all taxable property in town – combined with increases in valuations for the other towns on the island – could mean a slight reduction in Mount Desert’s share of funding for Mount Desert Island High School next year. One-third of each town’s allocation is based on the number of students it sends to the high school. Two-thirds is based on the state’s valuation of its taxable property. “We re-do the calculation every year,” said MDI Regional School System business manager Nancy Thurlow. “It is based on an average of the most recent three years of the state valuation, so that if there is a big increase or decrease in a town’s valuation in one year, it doesn’t affect the (high school) allocation too drastically.” For more education news, pick up a copy of the Mount Desert Islander.
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