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121st Maine Legislature |
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Office of Fiscal and Program Review |
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LD 1512 |
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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 |
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LR 1975(03) |
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Fiscal Note for Bill as Amended by Committee
Amendment " " |
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Committee: State and Local Government |
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Fiscal Note Required: Yes |
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Fiscal Note |
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Undetermined
current biennium revenue decrease - General Fund |
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Undetermined
current biennium revenue increase - Other Special Revenue Funds |
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Fiscal Detail
and Notes |
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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. |
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