121st Maine Legislature
		Office of Fiscal and Program Review
		LD 1875
		An Act To Authorize Department of Transportation Bond Issues in the Amount of $18,250,000 To Match Available Federal Funds for Improvements to and Development of Highways and Bridges; Airports; Ferry Vessels, Port Facilities and Marine Infrastructure; Rail Corridors and Structures; Intermodal Facilities; and Trail and Pedestrian Facilities
		LR 2799(23)
	Fiscal Note for Senate Amendment " " to Committee Amendment " "
		Sponsor: Sen. Bennett
		Fiscal Note Required: Yes
Fiscal Note
Fiscal Detail and Notes
	This amendment decreases the amount of bonds authorized by $80,050,000 to a new total of $39,875,000.   The net change is expressed below.
Bond Issues (Parts A,B,C&D)		Term(years)	Principal	Rate (%)	Interest	Total Cost
A	Highway Fund - Non-taxable	10	($2,500,000)	4.1%	($563,750)	($3,063,750)
A	General Fund - Non-taxable	10	($3,350,000)	4.1%	($755,425)	($4,105,425)
B	General Fund - Non-taxable	10	($7,425,000)	4.1%	($1,674,338)	($9,099,338)
B	General Fund - Taxable	10	($4,000,000)	5.2%	($1,144,000)	($5,144,000)
C	General Fund - Non-taxable	10	$2,225,000	4.1%	$501,738	$2,726,738
D	General Fund - Non-taxable	10	($65,000,000)	4.1%	($14,657,500)	($79,657,500)
			($80,050,000)		($18,293,275)	($98,343,275)