| 122nd MAINE LEGISLATURE | |||||||||
| LD 1 | LR 0328(18) | ||||||||
| An Act to Increase the State Share of Education Costs, Reduce Property Taxes and Reduce Government Spending at All Levels | |||||||||
| Fiscal Note for House Amendment " " to Committee Amendment " " | |||||||||
| Sponsor: Rep. Lindell | |||||||||
| Fiscal Note Required: Yes | |||||||||
| Fiscal Note | |||||||||
| Projections | Projections | ||||||||
| 2005-06 | 2006-07 | 2007-08 | 2008-09 | ||||||
| Net Cost (Savings) | |||||||||
| General Fund | $378,695 | ($782,476) | ($2,024,471) | ($3,410,880) | |||||
| Appropriations/Allocations | |||||||||
| General Fund | $11,324,626 | $11,494,799 | $11,357,042 | $11,218,914 | |||||
| Revenue | |||||||||
| General Fund | $10,945,931 | $12,277,275 | $13,381,513 | $14,629,794 | |||||
| Other Special Revenue Funds | $600,410 | $673,438 | $734,007 | $802,479 | |||||
| Fiscal Detail and Notes | |||||||||
| This amendment increases the General Fund cost of the amendment by $378,695 in fiscal year 2005-06 and decreases the cost of the amendment by $782,476 in fiscal year 2006-07. | |||||||||
| Projections | Projections | ||||||||
| General Fund Detail Cost/(Savings) | 2005-06 | 2006-07 | 2007-08 | 2008-09 | |||||
| Homestead | $11,324,626 | $11,494,799 | $11,357,042 | $11,218,914 | |||||
| Circuit Breaker | ($10,657,125) | ($11,426,929) | ($12,515,351) | ($13,746,236) | |||||
| Individual Income Tax | ($288,806) | ($850,346) | ($866,162) | ($883,558) | |||||
| $378,695 | ($782,476) | ($2,024,471) | ($3,410,880) | ||||||