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124th MAINE LEGISLATURE |
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LD 684 |
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LR 1190(01) |
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An Act To
Authorize a General Fund Bond Issue To Finance the Acquisition of Land and
Interest in Land for Public Land and Water Access, Conservation, Wildlife and
Fish Habitats, Outdoor Recreation Including Hunting and Fishing and Farmland
Preservation and To Access Matching Contributions from Public and Private
Sources |
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Preliminary
Fiscal Impact Statement for Original Bill |
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Sponsor: Sen. Diamond of Cumberland |
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Committee: Appropriations and Financial Affairs |
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Fiscal Note Required: Yes |
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Preliminary
Fiscal Impact Statement |
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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 - Non-Taxable |
10 |
$87,500,000 |
5.0% |
$24,062,500 |
$111,562,500 |
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Referendum
Costs |
Month/Year |
Election Type |
Question |
Length |
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Nov-09 |
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 referendum and/or bond questions requires
production and delivery of a second ballot, an additional appropriation of
$107,250 may be required. |
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