121st Maine Legislature
		Office of Fiscal and Program Review
		LD 1572
		An Act To Authorize Bond Issues in the Total Amount of $91,850,000, of Which $60,800,000 is for a Transportation Bond Issue for Transportation Improvements and $31,050,000 is for General Fund Bond Issues for Pollution Control and Clean-up, Agricultural Irrigation, School Renovations and Improvement of Post-secondary Education Facilities.
		LR 2068(35)
						Fiscal Note for Senate Amendment " " to Committee Amendment "A"
		Sponsor: Sen. Cathcart
		Fiscal Note Required: Yes
Fiscal Note
Fiscal Detail and Notes
	This amendment reduces the amount of bonds authorized by $1,950,000 to a new total of $91,850,000.  The environmental bond is increased by $1,000,000 and the education bond is reduced by $2,950,000.  The net change is expressed below.
Bond Issues		Term(years)	Principal	Rate (%)	Interest	Total Cost
	General Fund - Non-taxable	10	($2,950,000)	4.1%	($665,225)	($3,615,225)
	General Fund - Taxable	10	$1,000,000	5.2%	$286,000	$1,286,000