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131st MAINE LEGISLATURE |
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LD 1156 |
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LR 682(02) |
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An Act to Authorize
a General Fund Bond Issue to Promote the Design, Development and Maintenance
of Trails for Outdoor Recreation and Active Transportation |
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Fiscal Note for
Bill as Amended by Committee Amendment " " |
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Committee: Appropriations and Financial Affairs |
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Fiscal Note Required: Yes |
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| Fiscal Note |
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| Potential current biennium cost increase - General Fund |
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| Bond Issues |
Term (years) |
Principal |
Rate (%) |
Interest |
Total Cost |
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General Fund - Non-Taxable |
10 |
$30,000,000 |
3.75% |
$6,187,500 |
$36,187,500 |
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| Referendum Costs |
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Month/Year |
Election Type |
Question |
Length |
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Nov-24 |
General |
Bond Issue |
Standard |
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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 $266,000 may be required. |
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