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ME LD2152
Bill
AI Summary
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Allocates $63,939,259 in total revenue funds from Maine Turnpike Authority gross revenues for calendar year 2027 operating expenses
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Largest operating allocations include Fare Collection ($16,427,811), Highway Maintenance ($13,581,135), and Public Safety and Special Services ($10,025,740)
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Includes a 10% General Contingency fund of $5,812,660 that may be transferred to other allocations before year-end closing
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Requires $127,973,832 for capital expenditures and debt obligations, including $44,058,800 for the Debt Service Fund, $42,000,000 for Reserve Maintenance, and $39,558,032 for Capital Improvements
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Permits transfer of allocation balances between categories subject to review by the Legislature's Transportation Committee, with 30-day advance notice required to the Office of Fiscal and Program Review
Legislative Description
An Act to Make Allocations from Maine Turnpike Authority Funds for the Maine Turnpike Authority for the Calendar Year Ending December 31, 2027
Turnpike Authority
Last Action
Sent for concurrence. ORDERED SENT FORTHWITH.
3/12/2026