| 123rd MAINE LEGISLATURE | ||||||
| LD 665 | LR 2104(01) | |||||
| An Act Regarding the Calculation of Tree Growth Reimbursements to Municipalities | ||||||
| Fiscal Note for Original Bill | ||||||
| Sponsor: Rep. Millett of Waterford | ||||||
| Committee: Taxation | ||||||
| Fiscal Note Required: Yes | ||||||
| Fiscal Note | ||||||
| 2007-08 | 2008-09 | Projections 2009-10 | Projections 2010-11 | |||
| Net Cost (Savings) | ||||||
| General Fund | $4,150,000 | $3,900,000 | $3,800,000 | $3,800,000 | ||
| Appropriations/Allocations | ||||||
| General Fund | $4,150,000 | $3,900,000 | $3,800,000 | $3,800,000 | ||
| Fiscal Detail and Notes | ||||||
| Changing the formula used to calculate Tree Growth Reimbursement to municipalities by eliminating the educational costs adjustment will increase the General Fund cost of the program by an estimated $4,150,000 in fiscal year 2007-08 and $3,900,000 in fiscal year 2008-09. | ||||||