| 122nd MAINE LEGISLATURE | |||||||||
| LD 1691 | LR 2419(08) | ||||||||
| An Act To Eliminate Pension Cost Reduction Bonding and Provide Replacement Budgeting Measures | |||||||||
| Fiscal Note for Senate Amendment " " | |||||||||
| Sponsor: Sen. Courtney | |||||||||
| Fiscal Note Required: Yes | |||||||||
| Fiscal Note | |||||||||
| 2005-06 | 2006-07 | ||||||||
| Net Cost (Savings) | |||||||||
| General Fund | ($19,430,000) | $7,179,148 | |||||||
| Appropriations/Allocations | |||||||||
| General Fund | $0 | $120,464,377 | |||||||
| Revenue | |||||||||
| General Fund | $19,430,000 | $115,737,164 | |||||||
| Transfers | |||||||||
| General Fund | ($2,451,935) | ||||||||
| Fiscal Detail and Notes | |||||||||
| This amendment will decrease the General Fund cost of the bill by $19,430,000 in fiscal year 2005-06 but increase the General Fund cost of the bill by $7,179,148 in fiscal year 2006-07. Based on the estimated year-end balances, this amendment maintains a balanced budget for the 2006-2007 biennium. | |||||||||