Voter Approval of Borrowing Above $1 Billion by State Entities and Electric Cooperatives Initiative | |||||||||||||
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.svg) County resultsYes 50-60% 60-70% | |||||||||||||
On November 7, 2023, as an indirect initiated state statute,Maine Question 1, theVoter Approval of Borrowing Above $1 Billion by State Entities and Electric Cooperatives Initiative, was put to a vote. This ballot measure requires voter approval before any state agencies, municipal electric districts, electrification cooperatives, or consumer-owned transmission utilities could take on debt totaling more than $1 billion.[1] It also needs the state treasurer to provide a statement outlining the estimated cost of the increased debt to go along with the ballot question.[2] The measure was approved in a landslide victory with nearly a two-thirds approval vote.
| Choice | Votes | % |
|---|---|---|
 Yes | 259,444 | 65.46 |
| No | 136,897 | 34.54 |
| Total votes | 396,341 | 100.00 |
| Source:[2] | ||
