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122nd MAINE LEGISLATURE |
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LD 1974 |
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LR 3082(18) |
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An Act
to Make Additional Allocations from the Highway Fund and Other Funds for the
Expenditures of State Government and To Change Certain Provisions of State
Law Necessary to the Proper Operations of State Government for the Fiscal
Years Ending June 30, 2006 and June 30, 2007 |
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Fiscal Note for Senate Amendment " " to Committee Amendment " B
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Sponsor: Sen. Savage |
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Fiscal Note Required: Yes |
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Fiscal Note |
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Avoids potential unbudgeted loss of federal funding for highway
purposes |
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Projections |
Projections |
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2005-06 |
2006-07 |
2007-08 |
2008-09 |
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Net Cost (Savings) |
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General Fund |
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$0 |
$0 |
$0 |
$0 |
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Highway Fund |
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$0 |
$0 |
$0 |
$0 |
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Fund for a Healthy Maine |
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$0 |
$0 |
$0 |
$0 |
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Appropriations/Allocations |
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General Fund |
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Highway Fund |
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Federal Expenditures Fund |
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Fund for a Healthy Maine |
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Other Special Revenue Funds |
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Federal Block Grant Funds |
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Other Funds |
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Revenue |
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General Fund |
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Highway Fund |
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Federal Expenditures Fund |
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Fund for a Healthy Maine |
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Other Special Revenue Funds |
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Federal Block Grant Funds |
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Other Funds |
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Transfers |
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General Fund |
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Highway Fund |
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Federal Expenditures Fund |
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Fund for a Healthy Maine |
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Other Special Revenue Funds |
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Federal Block Grant Funds |
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Other Funds |
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Correctional and Judicial Impact Statements |
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Bond Issues |
Term(years) |
Principal |
Rate (%) |
Interest |
Total Cost |
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General Fund - Non-taxable |
10 |
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4.1% |
$0 |
$0 |
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Referendum Costs |
Month/Year |
Election Type |
Question |
Length |
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Nov-06 |
General |
Referendum |
Standard |
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Jun-06 |
Special |
Initiated Bill |
Lengthy |
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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. A
special election would require an additional appropriation of $121,392. |
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Fiscal Detail
and Notes |
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In
ensuring statutory compliance with the Federal Commercial Motor Vehicle
Safety Act, this amendment avoids the annual loss of 5% of total Federal
Highway Administration funding which is estimated to have a value of
approximately $4,500,000. |
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