125th MAINE LEGISLATURE
LD 687 LR 1339(02)
An Act To Contract Out the State Single Audit
Fiscal Note for Bill as Amended by Committee Amendment "   "
Committee: State and Local Government
Fiscal Note Required: Yes
             
Fiscal Note
FY 2011-12 FY 2012-13 Projections  FY 2013-14 Projections  FY 2014-15
Net Cost (Savings)
General Fund $0 $882,343 $882,343 $882,343
Appropriations/Allocations
General Fund $0 $882,343 $882,343 $882,343
Other Special Revenue Funds $0 ($264,343) ($313,481) ($364,093)
Revenue
Other Special Revenue Funds $0 ($264,343) ($313,481) ($364,093)
Fiscal Detail and Notes
This bill includes a General Fund appropriation of $882,343 in fiscal year 2012-13 for the Department of Audit to contract for a Single State Audit.  It also includes Other Special Revenue Funds allocations and deallocations resulting in a net deallocation of $264,343 in fiscal year 2012-13 to reflect both the elimination of 19 positions and related costs and the estimated additional cost of the contract.