| 123rd MAINE LEGISLATURE | ||||||
| LD 81 | LR 568(01) | |||||
| An Act To Update the Property Tax Exemption for Parsonages | ||||||
| Fiscal Note for Original Bill | ||||||
| Sponsor: Rep. Farrington of Gorham | ||||||
| Committee: Taxation | ||||||
| Fiscal Note Required: Yes | ||||||
| Fiscal Note | ||||||
| 2007-08 | 2008-09 | Projections 2009-10 | Projections 2010-11 | |||
| Net Cost (Savings) | ||||||
| General Fund | $443,887 | $456,904 | $470,313 | $484,128 | ||
| Appropriations/Allocations | ||||||
| General Fund | $443,887 | $456,904 | $470,313 | $484,128 | ||
| Fiscal Detail and Notes | ||||||
| The cost of reimbursing municipalities 50% of the estimated property tax revenue loss associated with the increased exemption for parsonages is $443,887 in fiscal year 2007-08 and $456,904 in fiscal year 2008-09. | ||||||