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125th MAINE LEGISLATURE |
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LD 471 |
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LR 1731(01) |
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An Act To Reduce
Certain Highway Fund Obligations |
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Preliminary
Fiscal Impact Statement for Original Bill |
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Sponsor: Rep. Cebra of Naples |
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Committee: Transportation |
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Fiscal Note Required: Yes |
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Preliminary
Fiscal Impact Statement |
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FY 2011-12 |
FY 2012-13 |
Projections FY 2013-14 |
Projections FY 2014-15 |
Net Cost
(Savings) |
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General Fund |
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$0 |
$12,177,753 |
$12,341,374 |
$12,510,035 |
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Highway Fund |
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$0 |
($12,177,753) |
($12,341,374) |
($12,510,035) |
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Appropriations/Allocations |
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General Fund |
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$0 |
$12,177,753 |
$12,341,374 |
$12,510,035 |
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Highway Fund |
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$0 |
($12,177,753) |
($12,341,374) |
($12,510,035) |
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Fiscal Detail
and Notes |
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This bill
proposes to change the State Police funding from 49% Highway Fund and 51%
General Fund to 33% Highway Fund and 67% General Fund. This change would result in a Highway Fund
savings of $7,537,308 in fiscal year 2012-13.
The Department of Public Safety, Bureau of State Police will require a
General Fund appropriation of $7,537,308 in fiscal year 2012-13. |
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The bill also
proposes to transfer funding of support to the Maine State Ferry Service from
the Highway Fund to the General Fund.
This change would result in a Highway Fund savings of $4,640,445 in
fiscal year 2012-13. The Department of
Transportation will require a General Fund appropriation of $4,640,445 in
fiscal year 2012-13. |
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