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129th MAINE LEGISLATURE |
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LD 1848 |
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LR 2580(01) |
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An Act To
Authorize a General Fund Bond Issue To Provide Broadband Internet
Infrastructure in Unserved and Underserved Areas of the State, Maintenance
and Improvement of the Maine National Guard Armories, Readiness Centers and
Support Facilities and Capital Improvements and Equipment Purchases for
Career and Technical Education Centers |
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Fiscal Note for
Original Bill |
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Sponsor: Sen. Herbig of Waldo |
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Committee: Not Referred |
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Fiscal Note Required: Yes |
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| Fiscal Note |
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| Current biennium cost increase - General Fund |
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| Bond Issues |
Term (years) |
Principal |
Rate (%) |
Interest |
Total Cost |
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General Fund - Non-Taxable |
10 |
$23,000,000 |
4.25% |
$5,376,250 |
$28,376,250 |
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| Referendum
Costs |
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Month/Year |
Election Type |
Question |
Length |
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Nov-19 |
General |
Bond Issue |
Standard |
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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 $172,000 may
be required. |
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