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122nd MAINE LEGISLATURE |
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LD 1 |
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LR 0328(16) |
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An Act
to Increase the State Share of Education Costs, Reduce Property Taxes and
Reduce Government Spending at All Levels |
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Fiscal Note for House Amendment " " to
Committee Amendment " " |
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Sponsor: Rep. Merrill |
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Fiscal Note Required: Yes |
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Fiscal Note |
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Projections |
Projections |
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2005-06 |
2006-07 |
2007-08 |
2008-09 |
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Net Cost
(Savings) |
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General Fund |
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$0 |
$103,940,876 |
$51,513,178 |
$0 |
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Appropriations/Allocations |
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General Fund |
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$0 |
$103,940,876 |
$51,513,178 |
$0 |
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Other Special Revenue Funds |
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$0 |
$13,735,634 |
$5,881,111 |
$0 |
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Fiscal Detail
and Notes |
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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. |
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