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129th MAINE LEGISLATURE |
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LD 1643 |
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LR 2430(03) |
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An Act To
Establish Municipal Cost Components for Unorganized Territory Services To Be
Rendered in Fiscal Year 2019-20 |
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Fiscal Note for
Bill as Engrossed with:
C "A" (H-326) |
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Committee: Taxation |
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Fiscal Note |
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Municipal Cost Components Established |
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Fiscal Detail
and Notes |
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The amounts in
the bill for the state costs included in the municipal cost components are
based on budgeted expenditures for fiscal year 2019-20. These costs are incorporated into the tax
assessment for the unorganized territory, which is collected as dedicated
revenue to the Unorganized Territory Education and Services Fund. Transfers are then made to the other
dedicated accounts for certain expenditures related to the Unorganized
Territory and to the General Fund to reimburse for actual General Fund
expenditures included in the municipal cost components. This bill will not affect budgeted General
Fund revenue or appropriations. |
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