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123rd MAINE LEGISLATURE |
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LD 801 |
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LR 2278(01) |
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An Act To
Authorize a General Fund Bond Issue for Infrastructure Improvements for
Canton Village and To Provide Funding for the Career Center in Rumford |
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Fiscal Note for
Original Bill |
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Sponsor: Sen. Bryant, B. of Oxford |
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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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2007-08 |
2008-09 |
Projections 2009-10 |
Projections 2010-11 |
| Net Cost
(Savings) |
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General Fund |
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$159,000 |
$200,000 |
$205,366 |
$210,897 |
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| Appropriations/Allocations |
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General Fund |
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$159,000 |
$200,000 |
$205,366 |
$210,897 |
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| Bond Issues |
Term (years) |
Principal |
Rate (%) |
Interest |
Total Cost |
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General Fund - Non-Taxable |
10 |
$2,000,000 |
5.0% |
$550,000 |
$2,550,000 |
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| Referendum
Costs |
Month/Year |
Election Type |
Question |
Length |
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Nov-07 |
General |
Bond Issue |
Standard |
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| Fiscal Detail
and Notes |
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This
bill includes General Fund appropriations of $159,000 in fiscal year 2007-08
and $200,000 in fiscal year 2008-09 to the Employment Services Activity
program within the Department of Labor for 3 Career Consultant positions and
related all other for the career center in Rumford effective October 1,
2007. |
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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.
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