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121st Maine Legislature |
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Office of Fiscal and Program Review |
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LD 165 |
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An
Act To Authorize a General Fund Bond Issue in the Amount of $1,200,000 To
Provide Economic Development in Western Maine |
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LR 0390(01) |
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Fiscal Note for Original Bill |
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Sponsor: Sen. Bryant |
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Committee: Appropriations and Financial Affairs |
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Fiscal Note Required: Yes |
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Fiscal Note |
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Projections |
Projections |
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2003-04 |
2004-05 |
2005-06 |
2006-07 |
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Net Cost
(Savings) |
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General Fund |
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$100,000 |
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Appropriations/Allocations |
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General Fund |
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$100,000 |
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Bond Issues |
Term(years) |
Principal |
Rate (%) |
Interest |
Total Cost |
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General Fund - Non-Taxable |
10 |
$1,200,000 |
4.1% |
$270,600 |
$1,470,600 |
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Referendum
Costs |
Month/Year |
Election Type |
Question |
Length |
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Nov-03 |
General |
Referendum |
Standard |
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The
Secretary of State's budget includes sufficient funds to accommodate one
ballot of average length for the general election in November. If the number
or size of the referendum questions increases the ballot length, an
additional appropriation of $8,000 or more may be required. |
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