126th MAINE LEGISLATURE
		LD 510		LR 448(01)
	An Act To Ensure Equity in Funding to State Postsecondary Institutions of Higher Learning
	Preliminary Fiscal Impact Statement for Original Bill
	Sponsor: Sen. Thomas of Somerset
	Committee: Veterans and Legal Affairs
	Fiscal Note Required: Yes
Preliminary Fiscal Impact Statement
			FY 2013-14	FY 2014-15	Projections  FY 2015-16	Projections  FY 2016-17
Appropriations/Allocations
	Other Special Revenue Funds		$0	$0	$0	$0
Fiscal Detail and Notes
	Calculation of impact to the University of Maine System and Maine Maritime Academy is provided below.  Estimates assume slot machine revenue income based on December 2012 Revenue Forecast and stable enrollment levels at both the University of Maine and Maine Maritime Academy.
	Calculation of Distribution of University of Maine Share of Net Slot Machine Income
	Fall 2012 Enrollment	Students	% of Total
	UMS	26,764	96.53%
	MMA	963	3.47%
	Total	27,727	100.00%
	Source of Revenue		FY 2013-14	FY 2014-15	FY 2015-16	FY 2016-17
	Hollywood Casino		$    989,317	$  1,000,222	$    1,010,224	$   1,020,326
	Oxford Casino		$  2,013,918	$  2,034,057	$    2,054,398	$   2,074,942
	Current law - UMS	100%	$  3,003,235	$  3,034,279	$    3,064,622	$   3,095,268
	After Impact of LD 510
	UMS	96.53%	$  2,898,928	$  2,928,894	$    2,958,183	$   2,987,765
	MMA	3.47%	$    104,307	$    105,385	$      106,439	$     107,503
			$  3,003,235	$  3,034,279	$    3,064,622	$   3,095,268
	Incremental Impact of LD 510
	UMS	-3.47%	$   (104,307)	$   (105,385)	$     (106,439)	$    (107,503)
	MMA	3.47%	$    104,307	$    105,385	$      106,439	$     107,503
			$0	$0	$0	$0