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123rd MAINE LEGISLATURE |
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LD 1790 |
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LR 1908(05) |
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An Act To Secure
Maine's Transportation Future |
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Fiscal Note for
Senate Amendment " " to
Committee Amendment "A" |
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Sponsor: Sen. Damon of Hancock |
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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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$0 |
$0 |
($7,834,488) |
($16,314,261) |
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Highway Fund |
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$0 |
($8,276,603) |
$2,252,972 |
$2,289,577 |
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Appropriations/Allocations |
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Highway Fund |
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($1,662,900) |
($10,493,803) |
$0 |
$0 |
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Other Special Revenue Funds |
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$0 |
$0 |
($7,437,805) |
($15,488,223) |
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Revenue |
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General Fund |
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$0 |
$0 |
$7,834,488 |
$16,314,261 |
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Highway Fund |
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($1,662,900) |
($2,217,200) |
($2,252,972) |
($2,289,577) |
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Other Special Revenue Funds |
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$0 |
$0 |
($7,008,065) |
($14,593,348) |
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State Transit, Aviation and
Rail Transportation Fund |
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$0 |
$0 |
($826,423) |
($1,720,914) |
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Fiscal Detail
and Notes |
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This amendment
requires that funding for the State Police program be established on a 50%
basis between the General Fund and the Highway Fund starting in fiscal year
2009-10 and eliminates future changes in the funding ratio. In addition, this amendment reduces the
one-time Highway Fund allocation to the Department of Transportation in
fiscal year 2007-08, adds a Highway
Fund deallocation in fiscal year 2008-09 to maintian a balanced budget,
lowers proposed increases for certain motor vehicle related fees that are
deposited into the Highway Fund and eliminates the transfer of
transportation-related sales tax receipts from the General Fund to the TransCap
Trust Fund and to the STAR Transportation Fund. |
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