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121st Maine Legislature |
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Office of Fiscal and Program Review |
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LD 1572 |
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An Act
To Authorize Bond Issues in the Total Amount of $100,500,000, of Which
$67,500,000 is for a Transportation Bond Issue for Transportation
Improvements and $33,000,000 is for General Fund Bond Issues for Pollution
Control and Clean-up, School Renovations and Improvement of Post-secondary
Education Facilities |
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LR 2068(05) |
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Fiscal Note for
Senate Amendment " " to Committee Amendment "A" |
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Sponsor: Senator Hatch |
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Fiscal Note Required: Yes |
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Fiscal Note |
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Fiscal Detail
and Notes |
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This amendment
increases the amount of bonds authorized by $6,700,000 to a new total of
$100,500,000. The transportation
bonds are increased by $6,700,000.
The net change is expressed below. |
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Bond Issues |
Term(years) |
Principal |
Rate (%) |
Interest |
Total Cost |
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General Fund - Non-taxable |
10 |
$6,700,000 |
4.1% |
$1,510,850 |
$8,210,850 |
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