128th MAINE LEGISLATURE
LD 1510 LR 739(03)
An Act To Authorize a General Fund Bond Issue To Fund Wastewater Infrastructure Projects
Fiscal Note for Bill as Engrossed with:
C "A" (H-800)
Committee: Appropriations and Financial Affairs
             
Fiscal Note
Bond Issues Term (years) Principal Rate (%) Interest Total Cost
General Fund - Non-Taxable 10 $27,650,000 4.25% $6,463,188 $34,113,188
General Fund - Taxable 10 $2,350,000 5.0% $646,250 $2,996,250
Referendum Costs Month/Year Election Type Question Length
Nov-18 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 requires production and delivery of a second ballot, an additional appropriation of $107,250 may be required.