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| Part D establishes the Local Option Sales Tax Reserve Fund. Part | D requires the State Controller to transfer $956,561 in fiscal year | 2004-05 from the Undedicated Revenue Account within the General | Fund to the fund to pay for start-up costs of the administration of | the local option sales tax. Part D also provides for the transfer | to the fund of 2% of revenues attributable to a local option sales | tax adopted pursuant to the Maine Revised Statutes, Title 36, | chapter 215 to be used only for the administration of the local | option sales tax. |
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| | Part D provides the necessary appropriations and allocations. |
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| | It appropriates $254,286 in fiscal year 2004-05 from the | General Fund for 3 Claims Administration positions and related | expenses in the Department of Administrative and Financial | Services. |
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| | It deappropriates $34,931,664 from the General Fund due to | the repeal of the Maine Revised Statutes, Title 36, chapter 105, | subchapter 4-B as of April 1, 2004. |
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| | It appropriates from the General Fund in fiscal year 2004-05 | to the Municipal Service District Fund $7,821,908 of one-time | savings from repeal of the Maine Revised Statutes, Title 36, | chapter 105, subchapter 4-B. |
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| | It appropriates $190,000 from the General Fund in fiscal year | 2004-05 to reimburse municipalities for 90% of the estimated | local administrative costs incurred from the repeal of the Maine | Revised Statutes, Title 36, chapter 105, subchapter 4-B. |
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| | It appropriates $25,807,443 from the General Fund in fiscal | year 2004-05 for increased benefits under the Maine Residents | Property Tax Program due to the expansion in the program. |
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| | It appropriates $275,183 from the General Fund in fiscal year | 2004-05 to provide funds to hire additional personnel to process | the increased number of applications due to the expansion in the | Maine Residents Property Tax Program. This appropriation also | includes funds to make changes in Maine's automated tax system to | reflect the changes in the program and to print and mail the | additional application forms and instructions. |
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| | It allocates $956,561 from Other Special Revenue funds to | provide initial funding to pay for the costs of implementing the | local option sales tax initiative. Start-up costs will be for | software development. Funds allocated for fiscal year 2004-05 | will pay the cost of ongoing administration of the initiative. |
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