| 121st Maine Legislature | |||||||
| Office of Fiscal and Program Review | |||||||
| LD 1512 | |||||||
| Resolve, Authorizing the Commissioner of Administrative and Financial Services To Sell Up to 15 Acres of Land and Other Interests of the State at the Long Creek Youth Development Center in South Portland | |||||||
| LR 1975(03) | |||||||
| Fiscal Note for Bill as Amended by Committee Amendment " " | |||||||
| Committee: State and Local Government | |||||||
| Fiscal Note Required: Yes | |||||||
| Fiscal Note | |||||||
| Undetermined current biennium revenue decrease - General Fund | |||||||
| Undetermined current biennium revenue increase - Other Special Revenue Funds | |||||||
| Fiscal Detail and Notes | |||||||
| Selling the interests of the State in certain unimproved land at the Long Creek Youth Development Center in South Portland will result in additional funds being deposited into the Maine State Housing Authority's Housing Opportunities for Maine Fund. If the sale proceeds were not dedicated by this bill, they would be deposited in the General Fund. The amount will be based on the current market value of the 15 acres as determined by an independent appraiser. | |||||||