124th MAINE LEGISLATURE
LD 1825 LR 2649(02)
Resolve, Authorizing the Commissioner of Administrative and Financial Services To Sell or Lease the Interests of the State in Certain Real Property Located at 187-189 State Street, Augusta, Known as the Smith-Merrill House, and at 159 Hogan Road, Bangor, known as the Elizabeth Levinson Center
Fiscal Note for Bill as Amended by Committee Amendment "   "
Committee: Appropriations and Financial Affairs
Fiscal Note Required: Yes
             
Fiscal Note
Current biennium revenue increase - General Fund
Fiscal Detail and Notes
The amount of General Fund revenue generated by the sale or lease of these propoerties can not be estimated at this time.  Committee Amendment "A" to LD 1671, the Governor's supplemental budget for the 2010-2011 biennium includes an increase in General Fund revenue of $1,500,000 in Part FF from the sale or lease of state-owned properties.  It also includes a General Fund appropriation of $150,000 in fiscal year 2010-11 for contracted services to facilitate the sale or lease of state-owned properties.