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124th MAINE LEGISLATURE |
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LD 1594 |
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LR 2193(01) |
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An Act To Restore
Longevity Pay |
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Preliminary
Fiscal Impact Statement for Original Bill |
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Sponsor: Sen. Mitchell of Kennebec |
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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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2009-10 |
2010-11 |
Projections 2011-12 |
Projections 2012-13 |
Net Cost
(Savings) |
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General Fund |
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$2,185,253 |
$2,305,608 |
$0 |
$0 |
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Highway Fund |
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$430,656 |
$450,450 |
$0 |
$0 |
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Appropriations/Allocations |
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General Fund |
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$2,019,360 |
$2,081,538 |
$0 |
$0 |
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Highway Fund |
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$430,656 |
$450,450 |
$0 |
$0 |
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Transfers |
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General Fund |
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($165,893) |
($224,070) |
$0 |
$0 |
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Other Special Revenue Funds |
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$116,037 |
$172,233 |
$0 |
$0 |
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Fiscal Detail
and Notes |
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This bill
includes General Fund appropriations of $2,019,360 in fiscal year 2009-10 and
$2,081,538 in fiscal year 2010-11 to restore longevity payments to eligible
employees in the executive and judicial branches of government. It also reduces transfers to the General
Fund by $165,893 in fiscal year 2009-10 and $224,070 in fiscal year 2010-11,
which reflect the costs to the legislative branch and certain other agencies
funded with Other Special Revenue Funds.
The bill also includes Highway Fund allocations of $430,656 in fiscal year 209-10 and $450,450
in fiscal year 2010-11 for Highway Fund costs of restoring these payments. |
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