121st Maine Legislature
		Office of Fiscal and Program Review
		LD 1629
		RESOLUTION, Proposing a Competing Measure under the Constitution of Maine to Create Municipal Budget Caps, Reduce the Cost of Local Government through Increased State Education Funding and Provide Property Tax Relief
		LR 2165(23)
						Fiscal Note for Senate Amendment " " to Committee Amendment "C"
		Sponsor: Sen Brennan
		Fiscal Note Required: Yes
Fiscal Note
					Projections	Projections
			2003-04	2004-05	2005-06	2006-07
Net Cost (Savings)
	General Fund		$0	$0	$29,660,913	$66,127,601
Appropriations/Allocations
	General Fund		$0	$0	$29,660,913	$66,127,601
Fiscal Detail and Notes
	This amendment increases the General Fund cost of the bill by $29,660,913 in fiscal year 2005-06 and $66,127,601 in fiscal year 2006-07 due to the acceleration of the state's share of funding K-12 education based on Essential Programs and Services.