125th MAINE LEGISLATURE
		LD 894		LR 1524(02)
	An Act To Authorize a General Fund Bond Issue To Invest in Transportation Infrastructure To Meet the Needs of the Business Sector and To Create Jobs
	Fiscal Note for Bill as Amended by Committee Amendment "   "
	Committee: Appropriations and Financial Affairs
	Fiscal Note Required: Yes
Fiscal Note
Current biennium cost increase - General Fund
Bond Issues		Term (years)	Principal	Rate (%)	Interest	Total Cost
	General Fund - Non-Taxable	10	$48,000,000	4.5%	$11,880,000	$59,880,000
	General Fund - Taxable	10	$3,500,000	5.0%	$962,500	$4,462,500
	Total		$51,500,000		$12,842,500	$64,342,500
Referendum Costs		Month/Year	Election Type	Question	Length
		Nov-12	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 questions requires production and delivery of a second ballot, an additional appropriation of $107,250 may be required.