121st Maine Legislature
		Office of Fiscal and Program Review
		LD 1572
		An Act To Authorize Bond Issues in the Total Amount of $90,100,000, of Which $59,800,000 is for a Transportation Bond Issue for Transportation Improvements and $30,300,000 is for General Fund Bond Issues for Pollution Control and Clean-up, Agricultural Irrigation, School Renovations and Improvement of Post-secondary Education Facilities.
		LR 2068(33)
						Fiscal Note for Senate Amendment " " to Committee Amendment "A"
		Sponsor: Sen. Cathcart
		Fiscal Note Required: Yes
Fiscal Note
Fiscal Detail and Notes
	This amendment reduces the amount of bonds authorized by $3,700,000 to a new total of $90,100,000.  The transportation bond is reduced by $1,000,000, the environmental bond is increased by $800,000 and the education bond is reduced by $3,500,000.  The net change is expressed below.
Bond Issues		Term(years)	Principal	Rate (%)	Interest	Total Cost
	General Fund - Non-taxable	10	($4,500,000)	4.1%	($1,014,750)	($5,514,750)
	General Fund - Taxable	10	$800,000	5.2%	$228,800	$1,028,800