122nd MAINE LEGISLATURE
LD 1691 LR 2419(03)
An Act To Eliminate Pension Cost Reduction Bonding and Provide Replacement Budgeting Measures
Fiscal Note for Senate Amendment " "
Sponsor: Sen. Nass
Fiscal Note Required: Yes
   
             
Fiscal Note
2005-06 2006-07
Net Cost (Savings)
General Fund ($308,528) $1,780,622
Highway Fund $0 $0
Fund for a Healthy Maine $1,170,000 ($1,213,520)
Appropriations/Allocations
General Fund ($36,765,389) $66,206,490
Highway Fund $0 $0
Fund for a Healthy Maine $0 ($6,813,520)
Revenue
General Fund ($40,761,232) $30,301,443
Highway Fund $0 $0
Transfers
General Fund $4,304,371 $34,124,425
Highway Fund $0 $0
Fund for a Healthy Maine ($1,170,000) ($5,600,000)
Fiscal Detail and Notes
This amendment will decrease the General Fund cost of the bill by $308,528 in fiscal year 2005-06 but will increase the General Fund cost of the bill by $1,780,622 in fiscal year 2006-07.  Based on the estimated year-end balances, this amendment maintains a balanced General Fund budget for the 2006-2007 biennium.
This amendment will have no net effect on Highway Fund allocations and revenue.  Based on the estimated year-end balances, this amendment maintains a balanced Highway Fund budget for the 2006-2007 biennium.
This amendment will increase the Fund for a Healthy Maine cost of the bill by $1,170,000 in fiscal year 2005-06 but will decrease the Fund for a Healthy Maine cost of the bill by $1,213,520 in fiscal year 2006-07.  Based on the estimated year-end balances, this amendment maintains a balanced Fund for a Healthy Maine budget for the 2006-2007 biennium.