| 122nd MAINE LEGISLATURE | |||||||||
| LD 669 | LR 1092(01) | ||||||||
| An Act To Authorize a General Fund Bond Issue To Provide Infrastructure for Expanded Treatment Capacity for Alcoholism and Addiction in a Therapeutic Community Model | |||||||||
| Fiscal Note for Original Bill | |||||||||
| Sponsor: Rep. Koffman of Bar Harbor | |||||||||
| Committee: Appropriations and Financial Affairs | |||||||||
| Fiscal Note Required: Yes | |||||||||
| Fiscal Note | |||||||||
| Bond Issues | Term(years) | Principal | Rate (%) | Interest | Total Cost | ||||
| General Fund - Non-taxable | 10 | $3,000,000 | 3.7% | $610,500 | $3,610,500 | ||||
| Referendum Costs | Month/Year | Election Type | Question | Length | |||||
| Nov-05 | General | Referendum | Standard | ||||||
| The Secretary of State's budget includes sufficient funds to accommodate one ballot of average length for the general election in November. If the number or size of the referendum questions increases the ballot length, an additional appropriation of $8,000 or more may be required. | |||||||||