Allocates Maine Turnpike Authority revenues for 2027 to cover operating expenses and reserves.
This bill allocates gross revenues of the Maine Turnpike Authority for the calendar year ending December 31, 2027. It designates funds for capital expenditures, reserves, and debt service. The bill also allows for transfers of funds between allocations if not required for their original purpose. It mandates the submission of financial statements before implementing transfers, except in cases of extraordinary emergencies. The allocation includes funds for administration, highway maintenance, fare collection, public safety, and building maintenance.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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