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128th MAINE LEGISLATURE |
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LD 143 |
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LR 1154(01) |
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An Act To Provide
Funding for Upgrades of Learning Spaces and Other Projects Funded by the
School Revolving Renovation Fund |
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Preliminary
Fiscal Impact Statement for Original Bill |
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Sponsor: Rep. Farnsworth of Portland |
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Committee: Education and Cultural Affairs |
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Fiscal Note Required: Yes |
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| Preliminary
Fiscal Impact Statement |
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FY 2017-18 |
FY 2018-19 |
Projections FY 2019-20 |
Projections FY 2020-21 |
| Net Cost
(Savings) |
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General Fund |
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$25,000,000 |
$25,000,000 |
$0 |
$0 |
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| Appropriations/Allocations |
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General Fund |
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$25,000,000 |
$25,000,000 |
$0 |
$0 |
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| Fiscal Detail
and Notes |
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This bill
provides General Fund appropriations to the Maine Municipal Bond Bank of
$25,000,000 in both fiscal years 2017-18 and 2018-19 to be deposited in the
School Revolving Renovation Fund to be used to upgrade learning spaces in
school buildings and for other necessary repairs approved by the Commissioner
of Education |
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