121st Maine Legislature
Office of Fiscal and Program Review
LD 1928
An Act To Authorize a General Fund Bond Issue in the Amount of $4,822,368 To Provide Funds To Repair and Upgrade Maine Army National Guard Armories and Facilities and for the Challenger Learning Center of Maine
LR 2825(01)
Fiscal Note for Original Bill
Sponsor: Rep. Hatch of Skowhegan
Committee: Appropriations and Financial Affairs
Fiscal Note Required: Yes
   
             
Fiscal Note
Bond Issues Term(years) Principal Rate (%) Interest Total Cost
General Fund - Non-taxable 10 $4,822,368 4.1% $1,087,444 $5,909,812
Referendum Costs Month/Year Election Type Question Length
Nov-04 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 increases the ballot length, an additional appropriation of $8,000 or more may be required.