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121st Maine Legislature |
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Office of Fiscal and Program Review |
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LD 1876 |
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An
Act To Authorize a General Fund Bond Issue in the Amount of $16,600,000 To
Construct and Upgrade Water Pollution Control Facilities, To Remediate Solid
Waste Landfills, To Clean Up Uncontrolled Hazardous Substance Sites, To
Provide Municipal Stormwater Management Assistance, To Investigate and
Remediate Municipal Brownfields, To Construct and Upgrade Public Water
Systems and To Remediate Lead Paint in Low-income Households |
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LR 2796(01) |
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Fiscal Note for Original Bill |
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Sponsor: Sen. Martin of Aroostook |
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Committee: Appropriations and Financial Affairs |
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Fiscal Note Required: Yes |
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Fiscal Note |
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Current biennium cost increase - General Fund |
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Bond Issues |
Term(years) |
Principal |
Rate (%) |
Interest |
Total Cost |
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General Fund - Non-taxable |
10 |
$16,600,000 |
4.1% |
$3,743,300
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$20,343,300 |
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Referendum
Costs |
Month/Year |
Election Type |
Question |
Length |
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Nov-04 |
General |
Referendum |
Standard |
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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. |
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