127th MAINE LEGISLATURE
LD 1390 LR 1991(01)
An Act To Amend the Boundaries of the Capitol Area
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Sen. Willette of Aroostook
Committee: State and Local Government
Fiscal Note Required: Yes
             
Preliminary Fiscal Impact Statement
Potential current biennium revenue increase - Other Special Revenue Funds
Fiscal Detail and Notes
Removing this property from the Capitol Planning Commission would increase its potential future uses, thereby potentially increasing the amount received by the Department of Transportation upon sale of the property.  The property tax valuation may also increase as a result, increasing property tax revenues to the City of Augusta.