| 125th MAINE LEGISLATURE | ||||||
| LD 32 | LR 62(01) | |||||
| An Act To Require an Independent Audit of State Government Every 4 Years | ||||||
| Preliminary Fiscal Impact Statement for Original Bill | ||||||
| Sponsor: Rep. Cebra of Naples | ||||||
| Committee: State and Local Government | ||||||
| Fiscal Note Required: Yes | ||||||
| Preliminary Fiscal Impact Statement | ||||||
| FY 2011-12 | FY 2012-13 | Projections FY 2013-14 | Projections FY 2014-15 | |||
| Net Cost (Savings) | ||||||
| General Fund | $0 | $700,000 | $0 | $0 | ||
| Appropriations/Allocations | ||||||
| General Fund | $0 | $700,000 | $0 | $0 | ||
| Fiscal Detail and Notes | ||||||
| This legislation requires an independent auditor to conduct a financial audit of state government beginning January 2013 and every 4 years thereafter. The State Controller will require a General Fund appropriation of $700,000 in fiscal year 2012-13 to support the estimated cost of the audit. | ||||||