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121st Maine Legislature |
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Office of Fiscal and Program Review |
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LD 1572 |
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An
Act To Authorize Bond Issues in the Total Amount of $94,800,000, of Which
$61,800,000 is for a Transportation Bond Issue for Transportation
Improvements and $33,000,000 is for General Fund Bond Issues for Pollution
Control and Clean-up, School Renovations and Improvement of Post-secondary
Education Facilities. |
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LR 2068(38) |
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Fiscal
Note for Senate Amendment " " to Committee Amendment "A" |
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Sponsor: Sen.
Martin |
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Fiscal Note Required: Yes |
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Fiscal Note |
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Fiscal Detail
and Notes |
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This
amendment increases the amount of bonds authorized by $1,000,000 to a new
total of $94,800,000. The
transportation bond is increased by $1,000,000 to provide funds for
development of a hangar at Loring.
The net change is expressed below. |
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Bond Issues |
Term(years) |
Principal |
Rate (%) |
Interest |
Total Cost |
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General Fund - Non-taxable |
10 |
$1,000,000 |
4.1% |
$225,500 |
$1,225,500 |
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