124th MAINE LEGISLATURE
		LD 295		LR 254(01)
	An Act To Contract Out the State Single Audit
	Preliminary Fiscal Impact Statement for Original Bill
	Sponsor: Rep. McKane of Newcastle
	Committee: State and Local Government
	Fiscal Note Required: Yes
Preliminary Fiscal Impact Statement
			2009-10	2010-11	Projections 2011-12	Projections 2012-13
Net Cost (Savings)
	General Fund		$593,319	$607,758	$607,758	$607,758
Appropriations/Allocations
	General Fund		$593,319	$607,758	$607,758	$607,758
	Other Special Revenue Funds		($1,300,253)	($1,777,783)	($1,857,712)	($1,941,637)
Fiscal Detail and Notes
	The Department of Administrative and Financial Services will require a General Fund appropriation of $550,000 annually to contract for the state single audit.  The Department of Audit will require Other Special Revenue Funds deallocations of $1,300,253 in fiscal year 2009-10 and $1,777,783 in fiscal year 2010-11 to reflect the elimination of state single audit fees generated by the department.  The Department of Audit will also require a General Fund appropriation of $43,319 in fiscal year 2009-10 and $57,758 in fiscal year 2010-11 to replace a portion of the Other Special Revenue Funds used to support the operational needs of the department.