LD 1390 LR 1950(04)
Resolve, Directing the State Tax Assessor To Adjust the State Valuation for the Town of Topsham
Fiscal Note for House Amendment "   "
Sponsor: Rep. Watson of Bath
Fiscal Note Required: Yes
Fiscal Note
No State fiscal impact
Fiscal Detail and Notes
Directing the Commissioner of Education to establish a transition adjustment to minimize any adverse fiscal impact that may be experienced by eligible municipalities as a result of changes in property fiscal capacity will not change the total state and local cost of K-12 public education or the State's share of that cost.  Also, this amendment will not affect the fiscal year 2009-10 distribution of state subsidy to local school administrative units.