125th MAINE LEGISLATURE
		LD 381		LR 1104(01)
	An Act To Establish a New Method of Determining the State Budget
	Preliminary Fiscal Impact Statement for Original Bill
	Sponsor: Rep. Ayotte of Caswell
	Committee: Appropriations and Financial Affairs
	Fiscal Note Required: Yes
Preliminary Fiscal Impact Statement
		FY 2010-11	FY 2011-12	FY 2012-13	Projections  FY 2013-14	Projections  FY 2014-15
Net Cost (Savings)
	General Fund	$129,880	$613,733	$547,326	$0	$0
Appropriations/Allocations
	General Fund	$129,880	$613,733	$547,326	$0	$0
Fiscal Detail and Notes
	The General Fund cost of this bill to the Department of Administrative and Financial Services is estimated to be $129,880 in fiscal year 2010-11, $613,733 in fiscal year 2011-12 and $537,326 in fiscal year 2012-13 resulting in a total project cost of $1,280,939.  In order to implement the information system requirements for the time frames established in this bill, the project would need to start before the end of the current fiscal year.  This funding pattern is based on the projected need and assumes the legislation is enacted as an emergency measure in order to provide the necessary funding in fiscal year 2010-11.
	The Legislature will incur additional programming costs to realign its budget and fiscal note production information system for the change of the timing of the budget biennium of $10,000 in fiscal year 2012-13.
	Assuming additional committee meetings are held before the start of the Second Regular Session in order to complete work on the biennial budget within the statutory deadlines for budget enactment, the Legislature will likely incur additional costs   The estimated costs for each interim committee meeting is estimated at $1,625 per committee per day.  The total estimated cost beginning in fiscal year 2014-15 could be as much as $100,000, depending on the number of committees meeting for joint hearings prior to the start of the Second Regular Session.