|
|
|
|
|
|
|
|
129th MAINE LEGISLATURE |
|
|
LD 206 |
|
LR 1303(02) |
|
|
|
An Act To Raise
the University of Maine System Debt Ceiling |
|
Fiscal Note for
Bill as Amended by Committee Amendment " " |
|
Committee: Education and Cultural Affairs |
|
Fiscal Note Required: Yes |
|
|
|
|
|
|
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
| Fiscal Note |
|
|
|
|
|
|
|
| Potential current biennium cost increase - General Fund |
|
|
|
|
|
|
|
| Fiscal Detail
and Notes |
|
|
|
|
|
|
Increasing the
University of Maine System's bond ceiling from $220,000,000 to $350,000,000
to allow for the financing of potential future capital improvement projects
may require a General Fund appropriation if, given this increased authority,
the university system issues bonds that do not generate the anticipated
additional revenue and require debt service payments from the General Fund. |
|
|
|
|
|
|
|