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Baird forecast shows narrow window; Bangor board hears options for November referendum
Summary
Baird consultant Kim Sauble told the Bangor School Board the district’s finances hinge on student counts and the state per‑pupil formula; the presentation framed a November 2024 referendum timeline and compared nonrecurring and recurring options.
Kim Sauble of Baird presented a school-finance primer to the Bangor School Board and walked members through district-specific projections that shape whether and when to seek voter approval for operating revenue.
Sauble said Bangor is “home to about 650 students” while the district’s resident full‑time‑equivalent (FTE) for funding calculations is 622, and she described how the state revenue‑limit formula multiplies that FTE by a per‑pupil amount (recently set at a $11,000 floor) and then adjusts for exemptions such as a nonrecurring referendum. Sauble’s snapshot estimated an annual budget near $10 million, a…
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