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123rd MAINE LEGISLATURE |
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LD 2169 |
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LR 2982(02) |
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An Act To Amend
the Laws Pertaining To Storm Water Management and To Authorize a General Fund
Bond Issue for Drinking Water Management |
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Fiscal Note for
Bill as Amended by Committee Amendment " " |
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Committee: Natural Resources |
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Fiscal Note Required: Yes |
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| Fiscal Note |
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Potential current biennium cost increase - General Fund
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| Bond Issues |
Term (years) |
Principal |
Rate (%) |
Interest |
Total Cost |
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General Fund - Taxable |
10 |
$3,400,000 |
5.5% |
$1,028,500 |
$4,428,500 |
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| Referendum
Costs |
Month/Year |
Election Type |
Question |
Length |
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Nov-08 |
General |
Bond Issue |
Standard |
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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 bond issue questions increases the ballot
length, an additional appropriation of $8,000 or more may be required. |
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| Fiscal Detail
and Notes |
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This
bill authorizes a bond issue in the amount of $3,400,000 to support drinking
water programs and the construction of wastewater treatment facilities. |
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