DOVER-FOXCROFT, Maine — SAD 68 and Foxcroft Academy have inked a contract that will span four years.
“The contract is basically the same as it has been over the last contract years,” SAD 68 Superintendent Alan Smith said Wednesday.
Smith said the academy has done a “wonderful job” of keeping down the costs. “Dollars-and-cents-wise they are no more expensive than the local schools, but yet we certainly get a lot of opportunities for our kids that other schools financially aren’t able to provide,” he said.
The district will pay the academy, which educates the district’s secondary students, $8,390.48 per student, which is about $1,600 less than the maximum allowable per pupil tuition rate calculated by the Maine Department of Education, according Smith.
In addition, the district will pay Foxcroft Academy the “insured value factor” of 5 percent per student. These state-allowable funds are in recognition that FA, an independent school, educates public students but receives no property tax dollars for school improvements and construction. In 2009, the state reduced the insured value factor paid to private academies that educate public students from 10 percent to 5 percent.
Arnold Shorey, incoming Foxcroft Academy headmaster, said the new tuition rate is one of the lowest in the state, if not the lowest. He said the sides worked together to try to provide the best for the students, recognizing the poor economic times.