122nd MAINE LEGISLATURE
		LD 2120		LR 3300(01)
	An Act to Provide Funding for Infrastructure for a New Downtown in the Town of Canton
	Fiscal Note for Original Bill
	Sponsor: Sen. Bryant
	Committee: Not Referred
	Fiscal Note Required: Yes
Fiscal Note
					Projections	Projections
			2005-06	2006-07	2007-08	2008-09
Net Cost (Savings)
	General Fund		$0	$500,000	$0	$0
Appropriations/Allocations
	General Fund		$0	$500,000	$0	$0
	Highway Fund
	Federal Expenditures Fund
	Fund for a Healthy Maine
	Other Special Revenue Funds
	Federal Block Grant Funds
	Other Funds
Revenue
	General Fund
	Highway Fund
	Federal Expenditures Fund
	Fund for a Healthy Maine
	Other Special Revenue Funds
	Federal Block Grant Funds
	Other Funds
Transfers
	General Fund
	Highway Fund
	Federal Expenditures Fund
	Fund for a Healthy Maine
	Other Special Revenue Funds
	Federal Block Grant Funds
	Other Funds
Correctional and Judicial Impact Statements
Bond Issues		Term(years)	Principal	Rate (%)	Interest	Total Cost
	General Fund - Non-taxable	10		4.1%	$0	$0
Referendum Costs		Month/Year	Election Type	Question	Length
		Nov-06	General	Referendum	Standard
		Jun-06	Special	Initiated Bill	Lengthy
	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.  A special election would require an additional appropriation of $121,392.
Fiscal Detail and Notes
	This bill provides a one-time General Fund appropriation of $500,000 in fiscal year 2006-07 for the costs of building a new downtown for the Town of Canton.