Harpswell Information

Adjustment to SAD 75 calculation to add corrected Special Education contribution to Harpswell

Harpswell 2005-06	$7,125,968
less Special Ed payment	($189,936)	$759,744         100%
Harpswell base cost	$6,936,032	$638,184 Spec Ed at 84%
Harpswell cost stand-alone	$6,198,031
Savings	$738,001
plus K-5 Special Ed subsidy	$192,141
Total savings	$930,142	$930,142
plus 6-12 Special Ed subsidy	$567,603	$446.043
	$1,497,745	$1,376,185            difference  $121,560
Property tax commitment	$9,461,389
Saving	15.83%	14.55%

 

Note:        In 2005-06, Harpswell received a one-time payment equal to 25% of the full (100%) cost of Special Education. The there other towns received 100% of the phased reimbursement of Special Education, which is now at 84% not 100%. This table shows state reimbursement of Harpswell at 100% of the full cost, yielding the $1,497,745, and at 100% of the phased amount, yielding $1,376,185.

Source of this spreadsheet is Town of Harpswell. Source of all other data is SAD 75.

All data is not final.