121st Maine Legislature
Office of Fiscal and Program Review
LD 1569
An Act To Authorize a General Fund Bond Issue in the Amount of $16,800,000 To Construct and Upgrade Water Pollution Control Facilities, To Remediate Solid Waste Landfills, To Clean Up Uncontrolled Hazardous Substance Sites and To Make Drinking Water System Improvements  
LR 2070(01)
Fiscal Note for Original Bill
Sponsor: Sen. Treat
Committee: Appropriations and Financial Affairs
Fiscal Note Required: Yes
   
             
Fiscal Note
 Current biennium cost increase - General Fund
Bond Issues Term(years) Principal Rate (%) Interest Total Cost
General Fund - Non-taxable 10 $16,800,000 4.1% $3,788,400 $20,588,400
Referendum Costs Month/Year Election Type Question Length
Nov-03 General Bond Issue Standard
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 increases the ballot length, an additional appropriation of $8,000 or more may be required.