| 124th MAINE LEGISLATURE | ||||||
| LD 222 | LR 650(01) | |||||
| An Act To Authorize a General Fund Bond Issue To Improve State Parks | ||||||
| Preliminary Fiscal Impact Statement for Original Bill | ||||||
| Sponsor: Sen. Goodall of Sagadahoc | ||||||
| Committee: Appropriations and Financial Affairs | ||||||
| Fiscal Note Required: Yes | ||||||
| Preliminary Fiscal Impact Statement | ||||||
| Potential current biennium cost increase - General Fund | ||||||
| Bond Issues | Term (years) | Principal | Rate (%) | Interest | Total Cost | |
| General Fund - Non-Taxable | 10 | $15,000,000 | 5.0% | $4,125,000 | $19,125,000 | |
| Referendum Costs | Month/Year | Election Type | Question | Length | ||
| Nov-09 | General | Bond Issue | Standard | |||
| 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 questions requires production and delivery of a second ballot, an additional appropriation of $107,250 may be required. | ||||||