126th MAINE LEGISLATURE
LD 5 LR 242(02)
An Act To Make Changes to the Potato Marketing Improvement Fund
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Agriculture, Conservation and Forestry
Fiscal Note Required: Yes
             
Fiscal Note
FY 2013-14 FY 2014-15 Projections  FY 2015-16 Projections  FY 2016-17
Appropriations/Allocations
Other Special Revenue Funds ($165,491) ($168,103) ($170,896) ($173,773)
Revenue
Other Special Revenue Funds ($165,491) ($168,103) ($168,103) ($168,103)
Fiscal Detail and Notes
This legislation transfers governance of the Potato Marketing Improvement Fund from the Department of Agriculture, Conservation and Forestry to the Maine Potato Board.  As a result, the bill includes a deallocation of $165,491 in fiscal year 2013-14 and $168,103 in fiscal year 2014-15 to the department related to Personal Services and All Other costs for one Potato Storage Consultant position.  Since the bill transfers this position's responsibilities but not the actual position to the Maine Potato Board, this analysis assumes the position would be eliminated.  Additionally, the department receives reimbursement from the Finance Authority of Maine for the costs of this position.  This revenue, $165,491 in fiscal year 2013-14 and $168,103 in fiscal year 2014-15, would be eliminated in the bill.
Additional costs to the Finance Authority of Maine can be absorbed within existing budgeted resources.