122nd MAINE LEGISLATURE
LD 1692 LR 2428(01)
An Act to Transfer Funds to the Maine Milk Pool from the General Fund to Fund Dairy Stabilization Programs
Fiscal Note for Original Bill
Sponsor: Rep.Piotti of Unity
Committee: Not Referred
Fiscal Note Required: Yes
   
             
Fiscal Note
Projections Projections
2005-06 2006-07 2007-08 2008-09
Net Cost (Savings)
General Fund $186,871 $1,300,000 $1,300,000 $1,300,000
Transfers
General Fund ($186,871) ($1,300,000) ($1,300,000) ($1,300,000)
Other Special Revenue Funds $186,871 $1,300,000 $1,300,000 $1,300,000
Fiscal Detail and Notes
Based on current estimates of the available cash balance of the Maine Milk Pool and estimates regarding the certified amounts needed for monthly distribution, the amounts to be transferred from General Fund undedicated revenue to the Maine Milk Pool are estimated to be $186,871 and $1,300,000 in fiscal years 2005-06 and 2006-07, respectively.