121st Maine Legislature
		Office of Fiscal and Program Review
		LD 228
		An Act To Authorize a General Fund Bond Issue in the Amount of $20,000,000 To Provide Maine's 7 Technical Colleges with Essential Facilities Improvements and Classroom Equipment
		LR 0498(01)
		Fiscal Note for Original Bill
		Sponsor: Speaker Colwell
		Committee: Appropriations and Financial Affairs
		Fiscal Note Required: Yes
Fiscal Note
Bond Issues		Term(years)	Principal	Rate (%)	Interest	Total Cost
	General Fund - Non-taxable	10	$20,000,000	4.1%	$4,510,000	$24,510,000
Referendum Costs		Month/Year	Election Type	Question	Length
		Nov-03	General	Referendum	Standard
	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.