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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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