AUGUSTA — The Appropriations Committee has approved Gov. Paul LePage’s plan to replenish the state’s rainy-day fund to $60 million and has agreed unanimously to move forward the contents of a controversial $17 million amendment that was previously attached to the bill separately. Many of the committee’s votes came at near 3 a.m. Wednesday after […]
bonds
Posted inMaine, sj-web
Maine Democrats press LePage to release bonds
AUGUSTA — There’s no end in sight in the battle between Democratic lawmakers and LePage over millions of dollars in bonds the governor is refusing to sign off on. Democratic leaders called on LePage Monday to immediately release the bonds now that the Appropriations Committee has approved his bill to replenish the rainy day fund. […]
advertisement
Posted inMaine, sj-web
Maine announces $2 billion infrastructure plan
AUGUSTA (AP) — The Maine Department of Transportation has announced a $2 billion, three-year plan to improve roads, bridges, airports and other key infrastructure across the state. The plan announced Tuesday will use $100 million in state transportation bonds approved last November by voters and federal highway funds to pay for more than 1,600 projects. […]
Posted inMaine, sj-web
Waterville council approves $6M in hospital bonds
WATERVILLE (AP) — The Waterville City Council has approved up to $6 million in tax-exempt bonds for Inland Hospital improvements. City Manager Michael Roy said Tuesday after the 7-0 vote that the money will come through the Finance Authority of Maine and the city is in no way liable for the debt. Roy told the […]
Posted inMaine, sj-web
Maine voters approve 5 bond packages
AUGUSTA — Maine residents have approved borrowing proposals totaling about $150 million that would pay for maintenance and improvements for roads, schools and armories. Voters on Tuesday approved all five bond packages, the only items on the statewide ballot. The biggest bond was a $100 million proposal for road and bridge projects. The others were $14 […]
Posted inMaine, sj-web
A look at bond proposals on Maine’s ballot Tuesday
Five bond proposals totaling nearly $150 million will appear Tuesday on Maine’s ballot. The bond questions are the only items on the statewide ballot this year, and some say that could lead to particularly low voter turnout. But supporters of the borrowing proposals say it’s critical that Maine voters get to the polls to approve […]
Posted inMaine, sj-web
Three bond issues to fund higher education projects
AUGUSTA — Maine voters will be considering three separate bonding requests for higher education on next week’s ballot. The approach by state education leaders differs from a year ago, when a single bond proposal for three state institutions was rejected by a narrow margin. Voters on Nov. 5 will be asked if they support a […]
Posted inOur View
Approve all five Nov. 5
Maine — like most other states — bonds a great many projects not funded through the state’s regular budget process. We borrow, through bonds, to pay for upgrades to our bridges and roads, for building projects at our colleges and universities, for upgrades to water and sewer systems, and for other large public capital improvement […]
Posted inMaine, sj-web
LePage signs $149.5 million bond package
Maine lawmakers OK $149.5M education, roads bonds: What’s in the bond package. AUGUSTA — Maine voters will be asked this November to decide how much the state should borrow for roads, bridges and education facilities. Adrienne Bennett, a spokeswoman for Republican Gov. Paul LePage, said Friday that he has signed a five-bill bond package worth […]
Posted inMaine, sj-web
Maine lawmakers OK $149.5M education, roads bonds
AUGUSTA — A $149.5 million state borrowing plan for roads and education facilities is one step closer to the November ballot following lawmakers’ approval of the bond package during a special legislative session on Thursday. The five-bill bond package proposal easily reached the two-thirds majority in both chambers necessary for approval. The bills now head […]