130th MAINE LEGISLATURE
LD 1852 LR 2121(01)
Resolve, Authorizing the Maine National Guard To Sell Certain Property in Hallowell 
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Sen. Hickman of Kennebec
Committee: Veterans and Legal Affairs
Fiscal Note Required: Yes
             
Preliminary Fiscal Impact Statement
Current biennium revenue increase - Other Special Revenue Funds
Minor cost increase - General Fund
Fiscal Detail and Notes
This legislation directs the Department of Defense, Veterans and Emergency Management to sell a 2-acre parcel of land located off Granite Hill Road in Hallowell to the City of Hallowell and would result in an increase in Other Special Revenue Funds revenue to the Capital Repair, Maintenance, Construction and Acquisition Account. The amount of revenue received will not be known until an appraisal is completed. Any additional cost to complete an appraisal of the property is anticipated to be minor and can be absorbed within existing budgeted sources.