| 124th MAINE LEGISLATURE | ||||||
| LD 684 | LR 1190(01) | |||||
| An Act To Authorize a General Fund Bond Issue To Finance the Acquisition of Land and Interest in Land for Public Land and Water Access, Conservation, Wildlife and Fish Habitats, Outdoor Recreation Including Hunting and Fishing and Farmland Preservation and To Access Matching Contributions from Public and Private Sources | ||||||
| Preliminary Fiscal Impact Statement for Original Bill | ||||||
| Sponsor: Sen. Diamond of Cumberland | ||||||
| Committee: Appropriations and Financial Affairs | ||||||
| Fiscal Note Required: Yes | ||||||
| Preliminary Fiscal Impact Statement | ||||||
| Current biennium cost increase - General Fund | ||||||
| Bond Issues | Term (years) | Principal | Rate (%) | Interest | Total Cost | |
| General Fund - Non-Taxable | 10 | $87,500,000 | 5.0% | $24,062,500 | $111,562,500 | |
| Referendum Costs | Month/Year | Election Type | Question | Length | ||
| Nov-09 | General | Bond Issue | Standard | |||
| The Secretary of State's budget includes sufficient funds to accommodate one ballot of average length for the general election in November. If the number or size of the referendum and/or bond questions requires production and delivery of a second ballot, an additional appropriation of $107,250 may be required. | ||||||