| 121st Maine Legislature | |||||||
| Office of Fiscal and Program Review | |||||||
| LD 1572 | |||||||
| 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. | |||||||
| LR 2068(38) | |||||||
| Fiscal Note for Senate Amendment " " to Committee Amendment "A" | |||||||
| Sponsor: Sen. Martin | |||||||
| Fiscal Note Required: Yes | |||||||
| Fiscal Note | |||||||
| Fiscal Detail and Notes | |||||||
| 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. | |||||||
| Bond Issues | Term(years) | Principal | Rate (%) | Interest | Total Cost | ||
| General Fund - Non-taxable | 10 | $1,000,000 | 4.1% | $225,500 | $1,225,500 | ||