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132nd MAINE LEGISLATURE |
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LD 1219 |
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LR 1731(03) |
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An Act to
Increase State Funding for the Campuses of the University of Maine System and
to Raise the Minimum Hourly Wage for Employees of the System |
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Fiscal Note for
Bill as Amended by Committee Amendment " " |
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Committee: Education and Cultural Affairs |
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Fiscal Note Required: Yes |
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| Fiscal Note |
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FY 2025-26 |
FY 2026-27 |
Projections FY 2027-28 |
Projections FY 2028-29 |
| Net Cost
(Savings) |
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General Fund |
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$14,371,274 |
$29,604,824 |
$29,604,824 |
$29,604,824 |
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| Appropriations/Allocations |
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General Fund |
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$14,371,274 |
$29,604,824 |
$29,604,824 |
$29,604,824 |
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| Fiscal Detail
and Notes |
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This bill
includes ongoing General Fund appropriations of $14,371,274 in fiscal year
2025-26 and $29,604,824 in fiscal year 2026-27 to the University of Maine
System to support a 6% increase in funding in fiscal year 2025-26 and an
additional 6% increase in fiscal year 2026-27 to support the continuation of
current University of Maine System operations. |
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