130th MAINE LEGISLATURE
		LD 1702		LR 2058(02)
	An Act To Authorize General Fund Bond Issues To Improve Transportation and National Guard Infrastructure and To Promote the Conservation of Land, Working Waterfronts, Water Access and Outdoor Recreation
	Fiscal Note for Bill as Amended by Committee Amendment " "
	Committee: Appropriations and Financial Affairs
	Fiscal Note Required: Yes
Fiscal Note
Current biennium cost increase - General Fund
Bond Issues		Term (years)	Principal	Rate (%)	Interest	Total Cost
	General Fund - Non-Taxable	10	$85,000,000	3.75%	$17,531,250	$102,531,250
	General Fund - Taxable	10	$15,000,000	4.25%	$3,506,250	$18,506,250
Referendum Costs			Month/Year	Election Type	Question	Length
			Nov-21	General	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.  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.