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123rd MAINE LEGISLATURE |
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LD 782 |
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LR 1701(01) |
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An Act To
Establish a New Method of Determining the State Budget |
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Fiscal Note for
Original Bill |
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Sponsor: Rep. Joy of Crystal |
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Committee: Appropriations and Financial Affairs |
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Fiscal Note Required: Yes |
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Fiscal Note |
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Future biennium cost increase - General Fund |
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Fiscal Detail
and Notes |
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This legislation
shifts the start of the fiscal biennium for the state budget from the first
regular session of the Legislature to the second regular session beginning in
fiscal year 2010-11. It also provides
that fiscal year 2009-10 be a one year budget. Additional costs will primarily be computer
programming expenses to convert the current budget management system to a
different cycle. The number of hours
required to make the necessary programming changes is estimated to be
approximately 5,000 hours. At an
average programming cost of $100 per hour that would be approximately
$500,000. |
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