| 123rd MAINE LEGISLATURE | ||||||
| LD 1790 | LR 1908(05) | |||||
| An Act To Secure Maine's Transportation Future | ||||||
| Fiscal Note for Senate Amendment " " to Committee Amendment "A" | ||||||
| Sponsor: Sen. Damon of Hancock | ||||||
| Fiscal Note Required: Yes | ||||||
| Fiscal Note | ||||||
| 2007-08 | 2008-09 | Projections 2009-10 | Projections 2010-11 | |||
| Net Cost (Savings) | ||||||
| General Fund | $0 | $0 | ($7,834,488) | ($16,314,261) | ||
| Highway Fund | $0 | ($8,276,603) | $2,252,972 | $2,289,577 | ||
| Appropriations/Allocations | ||||||
| Highway Fund | ($1,662,900) | ($10,493,803) | $0 | $0 | ||
| Other Special Revenue Funds | $0 | $0 | ($7,437,805) | ($15,488,223) | ||
| Revenue | ||||||
| General Fund | $0 | $0 | $7,834,488 | $16,314,261 | ||
| Highway Fund | ($1,662,900) | ($2,217,200) | ($2,252,972) | ($2,289,577) | ||
| Other Special Revenue Funds | $0 | $0 | ($7,008,065) | ($14,593,348) | ||
| State Transit, Aviation and Rail Transportation Fund | $0 | $0 | ($826,423) | ($1,720,914) | ||
| Fiscal Detail and Notes | ||||||
| This amendment requires that funding for the State Police program be established on a 50% basis between the General Fund and the Highway Fund starting in fiscal year 2009-10 and eliminates future changes in the funding ratio. In addition, this amendment reduces the one-time Highway Fund allocation to the Department of Transportation in fiscal year 2007-08, adds a Highway Fund deallocation in fiscal year 2008-09 to maintian a balanced budget, lowers proposed increases for certain motor vehicle related fees that are deposited into the Highway Fund and eliminates the transfer of transportation-related sales tax receipts from the General Fund to the TransCap Trust Fund and to the STAR Transportation Fund. | ||||||