123rd MAINE LEGISLATURE
LD 805 LR 2531(03)
An Act To Authorize a Tribal Commercial Track and Slot Machines in Washington County
Fiscal Note for Senate Amendment "     "
Sponsor: Sen. Marrache of Kennebec
Fiscal Note Required: Yes
             
Fiscal Note
2007-08 2008-09 Projections 2009-10 Projections 2010-11
Net Cost (Savings)
General Fund $0 ($934,280) ($2,756,211) ($2,789,264)
Fund for a Healthy Maine $0 ($349,313) ($1,408,894) ($1,408,894)
Appropriations/Allocations
General Fund $0 $365,041 $412,909 $427,595
Other Special Revenue Funds $0 $1,052,446 $4,176,561 $4,128,821
Revenue
General Fund $0 $1,299,321 $3,169,120 $3,216,859
Fund for a Healthy Maine $0 $349,313 $1,408,894 $1,408,894
Other Special Revenue Funds $0 $1,052,446 $4,176,561 $4,128,821
Fiscal Detail and Notes
This bill is an initiated bill which cannot be amended to include any appropriations or allocations.  If the bill is either approved by the Legislature and signed into law by the Governor or approved by the voters in a statewide election in November, the 123rd Legislature will need to include the necessary appropriations and allocations shown above in seperate legislation.
Presented below is a detailed estimate of revenues and subsequent distribution that may be generated assuming the approval of the host municipal governance body and the successful licensure of one additional commercial racing track and one additional licensed slot machine operator with a total of 500 slot machines on-line in April 2009.  This estimate factors in the net effect on the currently licensed facility.  This estimate also provides detail on the various General Fund appropriations and Other Special Revenue Funds allocations that will necessary to implement the provisions of this bill.
Summary of Slot Machine Revenue 2007-08 2008-09 2009-10 2010-11
Total Slot Machine Revenue  $0 $60,750,000 $245,025,000 $245,025,000
 Payback  $0 $56,649,375 $228,485,813 $228,485,813
General Fund Administration @ 1% $0 $607,500 $2,450,250 $2,450,250
Net Slot Machine Income @ 10% $0 $3,493,125 $14,088,938 $14,088,938
41% of Net Slot Machine Income to State & Host Municipality $0 $1,432,183 $5,776,464 $5,776,463
2007-08 2008-09 2009-10 2010-11
Required Distribution of Net Slot Machine Income (41% State & Host Municipality Share)
General Fund  (3%) $0 $104,794 $422,668 $422,668
General Fund (After 48 months - November 2009) (1%) $0 $0 $93,150 $140,889
Fund For Healthy Maine (10%) $0 $349,313 $1,408,894 $1,408,894
Purse Supplements  (10%) $0 $349,313 $1,408,894 $1,408,894
Agricultural Fair Support Fund  (3%) $0 $104,794 $422,668 $422,668
FAME (2%) $0 $69,863 $281,779 $281,779
Sire Stakes Fund  (3%) $0 $104,794 $422,668 $422,668
Fund to Encourage Racing at Commercial Tracks (4%) $0 $139,725 $563,558 $563,558
Fund to Stabilze OTB Facilities (until Oct 2009) (2%) $0 $69,863 $95,479 $0
Fund to Stabilze OTB Facilities (Nov 2009) (1%) $0 $0 $93,150 $140,889
Washington Cty Development Authority (1%) $0 $34,931 $140,889 $140,889
Washington Cty career & technical education (1%) $0 $34,931 $140,889 $140,889
Maine Community College System  (1%) $0 $34,931 $140,889 $140,889
Host Municipalities  (1%) $0 $34,931 $140,889 $140,889
Other Revenue Impacts:
License fees to the General Fund $0 $454,000 $207,875 $207,875
Reimbursements to the General Fund $0 $130,983 $12,000 $12,000
Commercial racetrack handle to the General Fund $0 $2,044 $8,177 $8,177
Commercial racetrack handle to Other Special Revenue  $0 $4,508 $18,031 $18,031
Summary of Revenue Impacts
General Fund:
 - 1% of Total Slot Income $0 $607,500 $2,450,250 $2,450,250
 - 3% of Net Slot Machine Income $0 $104,794 $422,668 $422,668
 - General Fund (After 48 months - November 2009) $0 $0 $93,150 $140,889
 - Reimbursements  $0 $130,983 $12,000 $12,000
 - License fees to the General Fund $0 $454,000 $182,875 $182,875
 - Commercial racetrack handle to the General Fund $0 $2,044 $8,177 $8,177
General Fund Total $0 $1,299,321 $3,169,120 $3,216,859
Fund for Healthy Maine:
 - Proceeds From Slot Machines $0 $349,313 $1,408,894 $1,408,894
Fund for Healthy Maine - Total $0 $349,313 $1,408,894 $1,408,894
Other Special Revenue Funds:
 - Agriculture, Food and Rural Resources $0 $842,546 $3,304,976 $3,257,236
 - Harness Racing Promotional Board $0 $313 $1,250 $1,250
 - Public Safety (Host Municipalities) $0 $34,931 $165,889 $165,889
 - FAME $0 $69,863 $281,779 $281,779
 - Maine Community College System $0 $34,931 $140,889 $140,889
 - Washington County Development Authority  $0 $34,931 $140,889 $140,889
 - Washington County career & technical education  $0 $34,931 $140,889 $140,889
 Other Special Revenue Total $0 $1,052,446 $4,176,561 $4,128,821
2007-08 2008-09 2009-10 2010-11
Summary of Expenditure Impacts
General Fund Appropriations:
 - Agriculture, Food & Rural Resources 1 $0 $76,162 $102,564 $103,731
 - Public Safety 2 $0 $288,879 $310,345 $323,864
 General Fund Total $0 $365,041 $412,909 $427,595
Other Special Revenue Funds Allocations3:
 - Agriculture, Food and Rural Resources $0 $842,546 $3,304,976 $3,257,236
 - Harness Racing Promotional Board $0 $313 $1,250 $1,250
Public Safety
 - Host Municipalities $0 $34,931 $165,889 $165,889
 -Washington County Development Authority  $0 $34,931 $140,889 $140,889
 -Washington County career & technical education $0 $34,931 $140,889 $140,889
Public Safety- Total $0 $104,793 $447,667 $447,667
 - FAME $0 $69,863 $281,779 $281,779
 - Maine Community College System $0 $34,931 $140,889 $140,889
 Other Special Revenue Total $0 $1,052,446 $4,176,561 $4,128,821
Notes;
1 The Harness Racing Commission within the Department of Agriculture, Food and Rural Resources will require additional General Fund appropriations of $76,162 in fiscal year 2008-09 for the costs of 2 part-time positions and operational costs necessary to regulate the new commercial track.
2 The Gambling Control Board within the Department of Public Safety will require additional General Fund appropriations of $288,879 in fiscal year 2008-09 for the costs of one additional Detective position, two addititional Public Safety Inspector positions and operational costs necessary to regulate the new slot machine facility.
3 Allocations are needed to allow the distribution of the additional dedicated revenue.