| 123rd MAINE LEGISLATURE | ||||||
| LD 1578 | LR 2005(01) | |||||
| An Act To Encourage Municipal Cooperation | ||||||
| Fiscal Note for Original Bill | ||||||
| Sponsor: Rep. Mills, J. of Farmington | ||||||
| Committee: Taxation | ||||||
| Fiscal Note Required: Yes | ||||||
| Fiscal Note | ||||||
| State Mandate - Unfunded | ||||||
| 2007-08 | 2008-09 | Projections 2009-10 | Projections 2010-11 | |||
| Net Cost (Savings) | ||||||
| General Fund | $0 | $44,963 | $46,537 | $48,166 | ||
| Appropriations/Allocations | ||||||
| General Fund | $0 | $44,963 | $46,537 | $48,166 | ||
| State Mandates | ||||||
| Required Activity | Unit Affected | Costs | ||||
| Administrative duties associated with a new property tax exemption | Municipality | Insignificant | ||||
| Fiscal Detail and Notes | ||||||
| The General Fund cost of reimbursing municipalities for 50% of the estimated revenue loss associated with this property tax exemption is $44,963 in fiscal year 2008-09. | ||||||