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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 for Ratification by the Voters at the November
2003 Election |
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LR 2068(19) |
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Fiscal
Note for Senate Amendment " " to Committee Amendment "B" |
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Sponsor: Sen.
Turner |
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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 reduces the amount of bonds authorized by $25,700,000 to a new
total of $62,500,000. All
non-transportation related bonds are eliminated. 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 |
($25,700,000) |
4.1% |
($5,795,350) |
($31,495,350) |
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