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121st Maine Legislature |
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Office of Fiscal and Program Review |
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LD 1292 |
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An
Act To Authorize a General Fund Bond Issue in the Amount of $20,000,000 for
Capital Projects and Major Maintenance at State and Municipal Parks and
Historic Sites, for Acquiring Land for Coastal and Inland Waterway Access and
for Capitalizing a Revolving Loan Fund for Land Trusts and Municipalities To
Acquire Land and Conservation Easements for Public Access |
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LR 0296(01) |
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Fiscal Note for Original Bill |
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Sponsor: President Daggett of Kennebec |
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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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Current biennium cost increase - General Fund |
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Referendum Costs |
Month/Year |
Election Type |
Question |
Length |
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Nov-03 |
General |
Bond Issue |
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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Bond Issues |
Term(years) |
Principal |
Rate (%) |
Interest |
Total Cost |
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General Fund - Non-taxable |
10 |
$20,000,000 |
4.1% |
$4,510,000 |
$24,510,000 |
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