128th MAINE LEGISLATURE
		LD 849		LR 2016(02)
	An Act To Allow the State To Maintain Interest-bearing Accounts of Privately Donated Funds for the Upkeep of Property Managed by the State
	Fiscal Note for Bill as Amended by Committee Amendment " "
	Committee: State and Local Government
	Fiscal Note Required: Yes
Fiscal Note
Minor cost increase - General Fund Minor revenue decrease - General Fund Minor revenue increase - Other Special Revenue Funds
Fiscal Detail and Notes
	This legislation requires that any funds received on behalf of the Saxl Park Advisory Committee be held in an interest-bearing account and any interest on balances in the account be credited back to the same purpose.  This would result in a minor decrease in General Fund revenue and an increase in dedicated revenue not requiring any change to the budget.  Any additional costs to the Department of Administrative and Financial Services are expected to be minor and can be absorbed utilizing existing budgeted resources.