EUSTIS — Residents learned Thursday evening what they can expect if they decide to withdraw from SAD 58.

The SAD 58 school board and the town’s withdrawal committee met with residents to answer questions. Board member Sue Fotter, a participant in the town’s process to form the new stand-alone school administrative district, said she was very pleased with the turnout Thursday. The half-hour hearing was one of the final steps to separate from the district and complete their budget process by July 1, the start of the school’s fiscal year.

“We had about 40 people at the hearing,” she said. “People asked some questions, made some comments, and I think everything went very smoothly.”

Fotter said the committee sent their final proposed agreement, also signed by directors of SAD 58, to Maine Department of Education Commissioner Stephen Bowen. The next step, she said, will be holding a town vote on a date set by the commissioner.

Throughout the current school year, SAD 58 directors and the Eustis withdrawal committee have developed the plan to share assets, liabilities and costs equitably. Eustis will transport its students and will pay a 5 percent more than the state’s annual reimbursement rate to the district.

The agreement includes Stratton Elementary School debt service payments, staff contracts and a payment for each special education student. Students may attend Mt. Abram High School, but they also may choose to attend another high school.