131st MAINE LEGISLATURE
LD 569 LR 1469(01)
An Act to Allow the Adjutant General to Sell the Houlton Armory
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Sen. Stewart of Aroostook
Committee: Veterans and Legal Affairs
Fiscal Note Required: Yes
             
Preliminary Fiscal Impact Statement
Potential current biennium revenue increase - Other Special Revenue Funds
Minor cost increase - General Fund
Fiscal Detail and Notes
Proceeds from the sale of the Houlton Armory will be credited to the Capital Repair, Maintenance, Construction and Acquisition Account within the Department of Defense, Veterans and Emergency Management. The amount of the proceeds will not be known until an appraisal is completed. Additional costs to the department associated with the appraisal are expected to be minor and can be absorbed within existing budgeted resources.