| 122nd MAINE LEGISLATURE | |||||||||
| LD 1955 | LR 2605(02) | ||||||||
| An Act To Provide Emergency Regional Economic Development Assistance for Brunswick Naval Air Station | |||||||||
| Fiscal Note for Bill as Amended by Committee Amendment " " | |||||||||
| Committee: Business, Research and Economic Development | |||||||||
| Fiscal Note Required: Yes | |||||||||
| Fiscal Note | |||||||||
| Projections | Projections | ||||||||
| 2005-06 | 2006-07 | 2007-08 | 2008-09 | ||||||
| Net Cost (Savings) | |||||||||
| General Fund | $0 | $36,217 | $94,029 | $141,674 | |||||
| Revenue | |||||||||
| General Fund | $0 | ($36,217) | ($94,029) | ($141,674) | |||||
| Other Special Revenue Funds | $0 | ($1,946) | ($5,158) | ($7,771) | |||||
| Fiscal Detail and Notes | |||||||||
| The revenue loss associated with the establishment of the Military Redevelopment Zone is estimated to be $38,163 in fiscal year 2006-07. The additional costs to the Department of Economic and Community Development can be absorbed utilizing existing budgeted resources. | |||||||||
| General Fund Summary | |||||||||
| Individual Income Tax | $0 | ($772) | ($18,377) | ($48,644) | |||||
| Corporate Income Tax | $0 | ($1,304) | ($5,719) | ($10,910) | |||||
| Sales and Use Tax | $0 | ($34,141) | ($69,933) | ($82,120) | |||||
| $0 | ($36,217) | ($94,029) | ($141,674) | ||||||