Principal Bill Shot Down 

A legislative panel has unanimously rejected a bill that would change the state’s school aid formula to provide funding for fewer principals and other administrators.The bill’s sponsor was Democratic Representative Brian Bolduc of Auburn. He wanted the move to direct more resources to the classroom.Representative Bolduc’s bill would have had the state fund one administrator for every 500 students. The current formula provides for one administrator for every 305 elementary school students and for every 315 high school students.