| 122nd MAINE LEGISLATURE | |||||||||
| LD 1 | LR 0328(19) | ||||||||
| 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. Flood | |||||||||
| Fiscal Note Required: Yes | |||||||||
| Fiscal Note | |||||||||
| Projections | Projections | ||||||||
| 2005-06 | 2006-07 | 2007-08 | 2008-09 | ||||||
| Net Cost (Savings) | |||||||||
| General Fund | ($7,221,894) | ($6,708,950) | ($7,130,813) | ($6,875,441) | |||||
| Appropriations/Allocations | |||||||||
| General Fund | ($7,705,847) | ($7,837,974) | ($8,287,558) | ($8,072,611) | |||||
| Revenue | |||||||||
| General Fund | ($483,953) | ($1,129,024) | ($1,156,745) | ($1,197,170) | |||||
| Other Special Revenue Funds | ($26,546) | ($61,929) | ($63,450) | ($65,668) | |||||
| Fiscal Detail and Notes | |||||||||
| This amendment decreases the General Fund cost of the amendment by $7,221,894 in fiscal year 2005-06 and by $6,708,950 in fiscal year 2006-07. | |||||||||
| Projections | Projections | ||||||||
| General Fund Detail Cost/(Savings) | 2005-06 | 2006-07 | 2007-08 | 2008-09 | |||||
| Homestead | ($7,705,847) | ($7,837,974) | ($8,287,558) | ($8,072,611) | |||||
| Circuit Breaker | $0 | $659,954 | $676,611 | $706,528 | |||||
| Individual Income Tax | $483,953 | $469,070 | $480,134 | $490,642 | |||||
| ($7,221,894) | ($6,708,950) | ($7,130,813) | ($6,875,441) | ||||||