121st Maine Legislature
Office of Fiscal and Program Review
LD 1572
An Act To Authorize Bond Issues for Ratification by the Voters at the November 2003 Election
LR 2068(48)
Fiscal Note for House Amendment " " to Committee Amendment "A"
Sponsor: Rep.Brannigan
Fiscal Note Required: Yes
   
             
Fiscal Note
Fiscal Detail and Notes
This amendment reduces the amount of bonds authorized by $4,400,000 to a new total of $89,400,000.  The net change is expressed below.
Bond Issues (Part A,B &C) Term(years) Principal Rate (%) Interest Total Cost
A General Fund - Non-taxable 10 $2,650,000 4.1% $597,575 $3,247,575
B General Fund - Non-taxable 10 ($1,300,000) 4.1% ($293,150) ($1,593,150)
B General Fund - Taxable 10 $750,000 5.2% $214,500 $964,500
C General Fund - Non-taxable 10 ($6,500,000) 4.1% ($1,465,750) ($7,965,750)