121st Maine Legislature
		Office of Fiscal and Program Review
		LD 994
		Resolve, Directing the Department of Economic and Community Development To Inventory Maine Business Excellence
		LR 1746(01)
		Fiscal Note for Original Bill
		Sponsor: Sen. Bennett of Oxford
		Committee: Business, Research and Economic Development
		Fiscal Note Required: Yes
Fiscal Note
					Projections	Projections
			2003-04	2004-05	2005-06	2006-07
Net Cost (Savings)
	General Fund		$50,000	$0	$0	$0
Appropriations/Allocations
	General Fund		$50,000	$0	$0	$0
Fiscal Detail and Notes
	The Department of Economic and Community Development will require a General Fund appropriation of $50,000 in fiscal year 2003-04 to contract for services to conduct the study and issue the required report.  This cost includes $15,000 to assess where the State has business excellence competence and $35,000 to identify where the State has unique expertise and competitive advantage and assumes the Department  utilizes existing data to perform the study.  If the Department is required to conduct a survey of businesses to identify and measure these factors in practice, an additional General Fund appropriation of $50,000 would be required.