121st Maine Legislature
Office of Fiscal and Program Review
LD 1776
An Act To Authorize a General Fund Bond Issue in the Amount of $150,000,000 To Finance the Acquisition of Land and Interest in Land for Conservation, Water Access, Outdoor Recreation, Wildlife and Fish Habitat and Farmland Preservation and To Access $50,000,000 in Matching Contributions from Public and Private Sources
LR 2281(01)
Fiscal Note for Original Bill
Sponsor: Rep. Richardson of Brunswick
Committee: Appropriations and Financial Affairs
Fiscal Note Required: Yes
   
             
Fiscal Note
Current biennium cost increase - General Fund
Bond Issues Term(years) Principal Rate (%) Interest Total Cost
General Fund - Non-taxable 10 $150,000,000 4.1% $33,825,000 $183,825,000
Referendum Costs Month/Year Election Type Question Length
Nov-04 General Referendum Standard
The Secretary of State's budget includes sufficient funds to accommodate one ballot of average length for the general election in November. If the number or size of the referendum questions increases the ballot length, an additional appropriation of $8,000 or more may be required.