121st Maine Legislature
Office of Fiscal and Program Review
LD 1934
An Act to Make Additional Allocations from the Highway Fund and Other Funds for the Expenditures of State Government and to Change Certain Provisions of State Law Necessary for the Proper Operations of State Government for the Fiscal Years Ending June 30, 2004 and June 30, 2005
LR 2841(08)
Fiscal Note for House Amendment " " to Committee Amendment " "
Sponsor: Rep. Usher
Fiscal Note Required: Yes
   
             
FISCAL NOTE
           
      2003-04 2004-05
Net Cost (Savings)      
Highway Fund       ($1,177,772) $1,376,643
           
Allocations            
Highway Fund       ($4,177,772) $4,376,643
           
Transfers            
Highway Fund       ($3,000,000) $3,000,000
           
           
Fiscal Detail and Notes
This amendment will decrease the Highway Fund cost of the bill by $1,177,772 in fiscal year 2003-04 and will increase the Highway Fund cost of the bill by $1,376,643 in fiscal year 2004-05.  Based on the estimated year-end balances for both fiscal years, this amendment maintains a balanced budget for each fiscal year of the 2004-2005 biennium.