128th MAINE LEGISLATURE
LD 390 LR 2175(47)
An Act Making Unified Appropriations and Allocations for the Expenditures of State Government, General Fund and Other Funds and Changing Certain Provisions of the Law Necessary to the Proper Operations of State Government for the Fiscal Years Ending June 30, 2018 and June 30, 2019
Fiscal Note for Senate Amendment " " to Committee Amendment "C"
Sponsor: Sen. Millett of Cumberland
Fiscal Note Required: Yes
             
Fiscal Note
FY 2017-18 FY 2018-19 Projections  FY 2019-20 Projections  FY 2020-21
Net Cost (Savings)
General Fund ($23,723,000) ($92,415,000) ($88,790,000) ($88,267,500)
Appropriations/Allocations
General Fund ($16,600,000) ($90,200,000) ($91,500,000) ($91,500,000)
Other Special Revenue Funds $111,690,319 $204,779,681 $164,135,000 $175,235,000
Revenue
General Fund $99,723,000 ($2,785,000) ($2,710,000) ($3,232,500)
Other Special Revenue Funds $76,614,590 $154,252,410 $164,017,500 $175,085,250
Transfers
General Fund ($92,600,000) $5,000,000 $0 $0
Other Special Revenue Funds $92,600,000 ($5,000,000) $0 $0
Fiscal Detail and Notes
This amendment decreases General Fund appropriations by $16,600,000 in fiscal year 2017-18 and by $90,200,000 in fiscal year 2018-19. It results in a net increase in General Fund revenue of $99,723,000 in fiscal year 2017-18 and a net decrease of $2,785,000 in fiscal year 2018-19. It also includes a net increase in transfers from the General Fund of $92,600,000 in fiscal year 2017-18 and a decrease of $5,000,000 in fiscal year 2018-19. A balanced budget is maintained for the 2018-2019 biennium.