122nd MAINE LEGISLATURE
LD 1 LR 0328(10)
An Act to Increase the State Share of Education Costs, Reduce Property Taxes and Reduce Government Spending at All Levels
Fiscal Note for Senate Amendment " " to Committee Amendment " "
Sponsor: Senator Mills
Fiscal Note Required: Yes
   
             
Fiscal Note
Projections Projections
2005-06 2006-07 2007-08 2008-09
Net Cost (Savings)
General Fund $0 $103,940,876 $51,513,178 $0
Appropriations/Allocations
General Fund $0 $103,940,876 $51,513,178 $0
Other Special Revenue Funds $0 $13,735,634 $5,881,111 $0
Fiscal Detail and Notes
This amendment increases the General Fund cost of the bill by $103,940,876 in fiscal year 2006-07.  Of that amount, $90,205,242 will be distributed to school administrative units as additional state subsidy and $13,735,634 will be transferred to the Fund for the Efficient Delivery of Educational Services.