| 122nd MAINE LEGISLATURE | |||||||||
| LD 1 | LR 0328(15) | ||||||||
| An Act to Increase the State Share of Education Costs, Reduce Property Taxes and Reduce Government Spending at All Levels | |||||||||
| Fiscal Note for House Amendment " " to Committee Amendment " " | |||||||||
| Sponsor: Rep. Eder | |||||||||
| Fiscal Note Required: Yes | |||||||||
| Fiscal Note | |||||||||
| Projections | Projections | ||||||||
| 2005-06 | 2006-07 | 2007-08 | 2008-09 | ||||||
| Net Cost (Savings) | |||||||||
| General Fund | $158,162,637 | $110,025,995 | $51,513,178 | $0 | |||||
| Appropriations/Allocations | |||||||||
| General Fund | $158,162,637 | $110,025,995 | $51,513,178 | $0 | |||||
| Other Special Revenue Funds | $12,949,949 | $13,857,336 | $5,881,111 | $0 | |||||
| Fiscal Detail and Notes | |||||||||
| This amendment increases the General Fund cost of the bill by $158,162,637 in fiscal year 2005-06 and $110,025,995 in fiscal year 2006-07. Of those amounts, $145,212,688 and $96,168,659 will be distributed to school administrative units as additional state subsidy in fiscal years 2005-06 and 2007, respectively. Also, $12,949,949 in fiscal year 2005-06 and $13,857,335 in fiscal year 2006-07 will be transferred to the Fund for the Efficient Delivery of Educational Services. | |||||||||