Approved: 02/26/25
LD 762 LR 2289(01)
Bond Issues Term (years) Principal Rate (%) Interest Total Cost
General Fund - Non-Taxable 10 $18,000,000 5.0% $4,950,000 $22,950,000
Referendum Costs Month/Year Election Type Question Length
Nov-25 General Bond Issue Standard
Preliminary Fiscal Impact Statement
Potential current biennium cost increase - General Fund
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 requires production and delivery of a second
ballot, an additional appropriation of $341,000 may be required.
132nd MAINE LEGISLATURE
An Act to Authorize a General Fund Bond Issue for the Maintenance, Preservation and Promotion of
State Historic Sites
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Sen. Grohoski of Hancock
Committee: Appropriations and Financial Affairs
Fiscal Note Required: Yes
LR2289(01) - Fiscal Note - Page 1 of 1