128th MAINE LEGISLATURE
		LD 849		LR 2016(03)
	An Act To Require the State To Maintain an Interest-bearing Account of Privately Donated Funds for Saxl Park in the City of Bangor
	Fiscal Note for Bill as Engrossed with: C "A" (H-178)
	Committee: State and Local Government
Fiscal Note
Minor cost increase - General Fund Minor revenue decrease - General Fund Minor revenue increase - Other Special Revenue Funds
Fiscal Detail and Notes
	This legislation requires that any funds received on behalf of the Saxl Park Advisory Committee be held in an interest-bearing account and any interest on balances in the account be credited back to the same purpose.  This would result in a minor decrease in General Fund revenue and an increase in dedicated revenue not requiring any change to the budget.  Any additional costs to the Department of Administrative and Financial Services are expected to be minor and can be absorbed utilizing existing budgeted resources.