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121st Maine Legislature |
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Office of Fiscal and Program Review |
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LD 740 |
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An
Act to Authorize a General Fund Bond Issue in the Amount of $8,200,000 for
Use in Implementing the Maine Library of Geographic Information |
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LR 1063(01) |
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Fiscal Note for Original Bill |
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Sponsor: Rep. Suslovic of Portland |
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Committee: Appropriations and Financial Affairs |
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Fiscal Note Required: Yes |
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Fiscal Note |
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Current biennium cost increase - General Fund |
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Referendum
Costs |
Month/Year |
Election Type |
Question |
Length |
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Nov-03 |
General |
Bond Issue |
Standard |
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The
Secretary of State's budget includes sufficient funds to accommodate one
ballot of average length for the general election in November. If the number
or size of the referendum questions increases the ballot length, an
additional appropriation of $8,000 or more may be required. |
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Bond Issues |
Term(years) |
Principal |
Rate (%) |
Interest |
Total Cost |
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General Fund - Non-taxable |
10 |
$8,200,000 |
4.1% |
$1,849,100
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$10,049,100 |
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