Sec. P-1. Department of Administrative and Financial Services; lease-purchase authorization. Pursuant to the Maine Revised Statutes, Title 5, section 1587, the Department of Administrative and Financial Services, Office of Information Technology may enter into financing arrangements on or after July 1, 2005 for the acquisition of hardware, software and systems to support the operations of the Statewide Radio and Network System Reserve Fund, established in Title 5, section 1520. The financial agreements may not exceed 7 years in duration and $10,000,000 in principal costs. The interest rate may not exceed 6% and interest costs may not exceed $2,500,000.
The Department of Administrative and Financial Services, Office of Information Technology may enter into financing arrangements on or after July 1, 2006 for the acquisition of hardware, software and systems to support the operations of the Statewide Radio and Network System Reserve Fund, established in Title 5, section 1520. The financial agreements may not exceed 7 years in duration and $10,000,000 in principal costs. The interest rate may not exceed 6% and interest costs may not exceed $2,500,000. Annual principal and interest costs must be paid from the appropriate line category allocations in the Office of Information Technology, Statewide Radio and Network System Reserve Fund.
Sec. P-2. Appropriations and allocations. The following appropriations and allocations are made.
ADMINISTRATIVE AND FINANCIAL SERVICES, DEPARTMENT OF
Statewide Radio Network System 0112
Initiative: Allocates funds to cover the projected debt service costs associated with the lease-purchase of a radio and network system.
STATEWIDE RADIO AND
NETWORK SYSTEM
RESERVE FUND 2005-06 2006-07
All Other $0 $1,372,996
__________ __________
STATEWIDE RADIO AND
NETWORK SYSTEM RESERVE
FUND TOTAL $0 $1,372,996
ADMINISTRATIVE AND FINANCIAL SERVICES,
DEPARTMENT OF
DEPARTMENT TOTALS 2005-06 2006-07
STATEWIDE RADIO AND
NETWORK SYSTEM
RESERVE FUND TOTAL $0 $1,372,996
__________ __________
DEPARTMENT TOTAL -
ALL FUNDS $0 $1,372,996
PUBLIC SAFETY, DEPARTMENT OF
State Police 0291
Initiative: Provides funds towards the replacement radio system to support the operations of the Statewide Radio and Network System Reserve Fund established in the Maine Revised Statutes, Title 5, section 1520.
GENERAL FUND 2005-06 2006-07
Personal Services $0 $1,496,000
__________ __________
GENERAL FUND TOTAL $0 $1,496,000
PUBLIC SAFETY, DEPARTMENT OF
DEPARTMENT TOTALS 2005-06 2006-07
GENERAL FUND TOTAL $0 $1,496,000
__________ __________
DEPARTMENT TOTAL -
ALL FUNDS $0 $1,496,000
SECTION TOTALS 2005-06 2006-07
GENERAL FUND TOTAL $0 $1,496,000
STATEWIDE RADIO AND
NETWORK SYSTEM
RESERVE FUND TOTAL $0 $1,372,996
__________ __________
SECTION TOTAL - ALL FUNDS $0 $2,868,996
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