|
|
|
|
|
|
|
|
|
|
121st Maine Legislature |
|
|
|
Office of Fiscal and Program Review |
|
|
|
LD 1572 |
|
|
|
An
Act To Authorize Bond Issues for Ratification by the Voters at the November
2003 Election |
|
|
|
|
|
|
|
|
|
LR 2068(29) |
|
|
|
|
|
|
|
Fiscal Note for House Amendment " " to Committee
Amendment "A" |
|
|
|
Sponsor: Rep. Rosen |
|
|
|
Fiscal Note Required: Yes |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fiscal Note |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Fiscal Detail
and Notes |
|
|
|
|
|
|
|
This
amendment reduces the amount of bonds authorized by $89,600,000 to a new
total of $4,200,000. All
transportation and education related bonds are eliminated and the
environmental related bonds are decreased by $3,300,000. The net change is expressed below. |
|
|
|
|
|
|
|
|
|
Bond Issues |
Term(years) |
Principal |
Rate (%) |
Interest |
Total Cost |
|
|
General Fund - Non-taxable |
10 |
($76,600,000) |
4.1% |
($17,273,300) |
($93,873,300) |
|
|
Highway Fund -
Non-taxable |
10 |
($13,000,000) |
4.1% |
($2,931,500) |
($15,931,500) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|