122nd MAINE LEGISLATURE
LD 2120     LR 3300(03)
An Act to Provide Funding for Infrastructure for a New Downtown in the Town of Canton
Fiscal Note for Bill as Amended by Committee Amendment "   "
Committee: Appropriations and Financial Affairs
Fiscal Note Required: Yes
Minority Report
   
             
Fiscal Note
Current biennium cost increase - General Fund
Bond Issues Term(years) Principal Rate (%) Interest Total Cost
General Fund - Non-taxable 10 $4,000,000 5.0% $1,100,000 $5,100,000
Referendum Costs Month/Year Election Type Question Type Question Length
Nov-06 General Referendum 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.