123rd MAINE LEGISLATURE
		LD 123		LR 50(03)
	An Act To Establish a Labor Center within the University of Maine System
	Fiscal Note for Bill as Amended by Committee Amendment "     "
	Committee: Education and Cultural Affairs
	Fiscal Note Required: Yes
Fiscal Note
			2007-08	2008-09	Projections 2009-10	Projections 2010-11
Net Cost (Savings)
	General Fund		$169,480	$174,136	$177,793	$181,527
Appropriations/Allocations
	General Fund		$169,480	$174,136	$177,793	$181,527
Fiscal Detail and Notes
	This bill includes ongoing General Fund appropriations of $169,480 in fiscal year 2007-08 and $174,136 in fiscal year 2008-09 for the University of Maine System to establish and maintain a center that would offer labor education and policy development for students and community organizations.
	Estimates for fiscal year 2009-10 and fiscal year 2010-11 are determined by inflating the FY 2008-09 cost estimate by the projected growth in the Consumer Price Index of 2.1% per year as developed by the Consensus Economic Forecasting Commission's February 2007 report.