ME LD2111

Requires the board of trustees to serve as the building and facilities governing committee with authority over capital expenditures and the district's capital reserve fund

Prohibits the district from voting to transfer the board of trustees' duties to the district school committee

Eliminates the requirement for the board of trustees to issue warrants for general obligation bond issues under $250,000, while maintaining the referendum requirement for capital bonds of $250,000 or more

Assigns budget preparation responsibilities: board of trustees handles capital portion, district school committee handles operating portion and integrates both for submission to the budget validation referendum

Requires the board of trustees and district school committee to jointly create bylaws or procedures to clarify their respective duties