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District expects to lose state aid as town valuation rises

Financial
Excerpt from RSU/MSAD 59 School Board - October 28th - Minutes for District expects to lose state aid as town…
Official source excerpt: RSU/MSAD 59 School Board - October 28th - Minutes; editorial caption by Our School Board · source-evidence

What happened

At the October 28, 2025 meeting, the board formed a finance committee and invited the state Department of Education to explain the school funding formula. The district said, "We're going to lose money from the state over the next three years just based on our valuation."

Why it matters to families

Less state aid can mean higher local taxes or spending cuts in future budgets.

The evidence

October 28, 2025 minutes, Finance Committee item.

The source

October 28, 2025 board minutes

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