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131st MAINE LEGISLATURE |
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LD 1739 |
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LR 569(04) |
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An Act to Extend
Development District Tax Increment Financing Districts |
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Fiscal Note for
Senate Amendment " " to Committee Amendment "A" |
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Sponsor: Sen. Rotundo of Androscoggin |
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Fiscal Note Required: Yes |
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| Fiscal Note |
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FY 2023-24 |
FY 2024-25 |
Projections FY 2025-26 |
Projections FY 2026-27 |
| Net Cost
(Savings) |
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General Fund |
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($150,115) |
($116,820) |
($119,946) |
($123,184) |
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| Appropriations/Allocations |
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General Fund |
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($150,115) |
($116,820) |
($119,946) |
($123,184) |
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| Fiscal Detail
and Notes |
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This amendment
eliminates the position and the ongoing General Fund appropriations totaling
$150,115 in fiscal year 2023-24 and $116,820 in fiscal year 2024-25 to the
Business Development program within the Department of Economic and Community
Development included in the bill for one Development Program Officer position
and related All Other costs to support an anticipated increase in workload
due to the expansion of the tax increment financing program. The impact on
other programs and services cannot be determined at this time. |
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