Bill > LD821

This bill provides a detailed financial allocation plan for the Maine Turnpike Authority (MTA) for the calendar year 2026, specifying how the organization's gross revenues will be distributed across various operational categories. The budget totals $58,939,550 and includes allocations for different departments such as Administration ($3,200,185), Accounts and Controls ($6,766,737), Highway Maintenance ($12,959,512), Equipment Maintenance ($5,359,455), Fare Collection ($16,348,207), Public Safety and Special Services ($9,766,995), and Building Maintenance ($1,731,815). The bill also includes a 5% General Contingency fund of $2,806,645 and allows for flexible transfers between budget allocations with certain conditions, such as submitting financial statements to the Office of Fiscal and Program Review 30 days before implementation, except in extraordinary emergency situations. Additionally, the bill permits encumbered balances to be carried over to the next calendar year and provides supplemental information about revenue requirements for capital expenditures, debt service, and reserve maintenance, with a total of $132,277,074 designated for these purposes across various funds and resolutions.

Transportation and Infrastructure

https://legislature.maine.gov/legis/bills/display_ps.asp?LD=821&snum=132