124th MAINE LEGISLATURE
LD 295 LR 254(02)
An Act To Contract Out the State Single Audit
Fiscal Note for Bill as Amended by Committee Amendment "   "
Committee: State and Local Government
Fiscal Note Required: Yes
             
Fiscal Note
2009-10 2010-11 Projections 2011-12 Projections 2012-13
Net Cost (Savings)
General Fund $593,319 $607,758 $607,758 $607,758
Appropriations/Allocations
General Fund $593,319 $607,758 $607,758 $607,758
Other Special Revenue Funds ($1,300,253) ($1,777,783) ($1,857,712) ($1,941,637)
Fiscal Detail and Notes
This bill includes a General Fund appropriation of $550,000 annually for the Department of Administrative and Financial Services to contract for the state single audit.  It also includes Other Special Revenue Funds deallocations of $1,300,253 in fiscal year 2009-10 and $1,777,783 in fiscal year 2010-11 to reflect the elimination of state single audit fees generated by the Department of Audit.  This bill also includes a General Fund appropriation of $43,319 in fiscal year 2009-10 and $57,758 in fiscal year 2010-11 to replace a portion of the Other Special Revenue Funds used to support the operational needs of the Department of Audit.