| 124th MAINE LEGISLATURE | ||||||
| LD 295 | LR 254(02) | |||||
| An Act To Contract Out the State Single Audit | ||||||
| Fiscal Note for Bill as Amended by Committee Amendment " " | ||||||
| Committee: State and Local Government | ||||||
| Fiscal Note Required: Yes | ||||||
| Fiscal Note | ||||||
| 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 | ||||||
| This bill includes a General Fund appropriation of $550,000 annually for the Department of Administrative and Financial Services to contract for the state single audit. It also includes 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 of Audit. This bill also includes 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 of Audit. | ||||||