122nd MAINE LEGISLATURE
LD 1241 LR 0728(01)
An Act To Ensure Public Accountability in the Delivery of Higher Education Services
Fiscal Note for Original Bill
Sponsor: Sen. Mitchell of Kennebec
Committee: Education and Cultural Affairs
Fiscal Note Required: Yes
   
             
Fiscal Note
Potential future biennium cost increase - General Fund
Fiscal Detail and Notes
Requiring any restructuring plan proposed by the University of Maine System, including any plans developed or adopted after September 1, 2004, to be approved by the Legislature before being implemented may delay any potential savings that have been identified as part of the restructuring plan and may result in future requests by the University for additional General Fund appropriations.
The University of Maine System estimates the potential cost associated with the review of the restructuring plan to be up to $100,000 in fiscal year 2005-06.  These costs can be absorbed within the University's existing budgeted resources.