|
|
|
|
|
|
|
|
129th MAINE LEGISLATURE |
|
|
LD 2134 |
|
LR 3225(07) |
|
|
|
An Act To
Authorize a General Fund Bond Issue for Infrastructure To Improve
Transportation and Internet Connections |
|
Fiscal Note for
Bill as Engrossed with:
C "A" (H-769)
S "A" (S-449) |
|
Committee: Appropriations and Financial Affairs |
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Fiscal Note |
|
|
|
|
|
|
|
| Current biennium cost increase - General Fund |
|
|
|
|
|
|
|
| Bond Issues |
Term (years) |
Principal |
Rate (%) |
Interest |
Total Cost |
|
General Fund - Non-Taxable |
10 |
$120,000,000 |
3.75% |
$24,750,000 |
$144,750,000 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
| Referendum
Costs |
|
Month/Year |
Election Type |
Question |
Length |
|
|
|
Jun-20 |
Special |
Bond Issue |
Standard |
|
The Secretary of
State's budget includes sufficient funds to accommodate one ballot of average
length for the general election in November. This bill adds a bond issue to a
referendum already scheduled for June of 2020. If the number or size of the
referendum questions requires production and delivery of a second ballot, an
additional appropriation of $172,000 may be required. |
|
|
|
|
|
|
|