| 123rd MAINE LEGISLATURE | ||||||
| LD 2251 | LR 3540(02) | |||||
| An Act To Establish Municipal Cost Components for Unorganized Territory Services To Be Rendered in Fiscal Year 2008-09 and To Require Notation of Tax Enhancement Programs Approved by the County Commissioners | ||||||
| Fiscal Note for Bill as Amended by Committee Amendment " " | ||||||
| Committee: Taxation | ||||||
| Fiscal Note Required: Yes | ||||||
| Fiscal Note | ||||||
| No net fiscal impact | ||||||
| Fiscal Detail and Notes | ||||||
| The amounts in the bill for the state costs included in the municipal cost components are based on budgeted expenditures for fiscal year 2008-09. These costs are incorporated into the tax assessment for the unorganized territory, which is collected as dededicated revenue to the Unorganized Territory Education and Services Fund. Transfers are then made to the other dedicated accounts for certain expenditures related to the Unorganized Territory and to the General Fund to reimburse for actual General Fund expenditures included in the municipal cost components. This bill will not affect budgeted General Fund revenue or appropriations. | ||||||