COMMITTEE ON LEGISLATIVE RESEARCH

OVERSIGHT DIVISION


FISCAL NOTE

 

L.R. No.:         5113-01

Bill No.:          SB 1141

Subject:           Administration, Office of: Attorney General; Auditor; Governor & Lt. Governor; Secretary of State; Treasurer, State

Type:              Original

Date:               March 3, 2008





 

Bill Summary:            Modifies provisions governing the transition periods for statewide elected officials



FISCAL SUMMARY


ESTIMATED NET EFFECT ON GENERAL REVENUE FUND

FUND AFFECTED

FY 2009

FY 2010

FY 2011

General Revenue

($15,000)

$0

$0

 

 

 

 

Total Estimated

Net Effect on

General Revenue

Fund

($15,000)

$0

$0


ESTIMATED NET EFFECT ON OTHER STATE FUNDS

FUND AFFECTED

FY 2009

FY 2010

FY 2011

 

 

 

 

 

 

 

 

Total Estimated

Net Effect on Other

State Funds

$0

$0

$0


Numbers within parentheses: ( ) indicate costs or losses.

This fiscal note contains 4 pages.




ESTIMATED NET EFFECT ON FEDERAL FUNDS

FUND AFFECTED

FY 2009

FY 2010

FY 2011

 

 

 

 

 

 

 

 

Total Estimated

Net Effect on All

Federal Funds

$0

$0

$0



ESTIMATED NET EFFECT ON FULL TIME EQUIVALENT (FTE)

FUND AFFECTED

FY 2009

FY 2010

FY 2011

 

 

 

 

 

 

 

 

Total Estimated

Net Effect on

FTE

0

0

0


Estimated Total Net Effect on All funds expected to exceed $100,000 savings or (cost).


Estimated Net Effect on General Revenue Fund expected to exceed $100,000 (cost).


ESTIMATED NET EFFECT ON LOCAL FUNDS

FUND AFFECTED

FY 2009

FY 2010

FY 2011

Local Government

$0

$0

$0








FISCAL ANALYSIS


ASSUMPTION


Officials from the Office of Administration - Division of Budget and Planning (OA) has reviewed this proposal. The proposal does impact the agency, which is mandated by statute to set-up transition offices for statewide elected officials. The proposal makes various technical changes to the transition statutes. The proposal allows OA to request an appropriation for the costs associated with setting up transition offices every four years. In 2008, five of the six statewide offices will be up for election. Fifteen thousand dollars has been requested in OA's Fiscal Year 2009 budget request to set up transition space for these offices.


Officials from the Governor's Office, Attorney General's Office and State Auditor's Office assume no fiscal impact to their agency.


FISCAL IMPACT - State Government

FY 2009

(10 Mo.)

FY 2010

FY 2011

GENERAL REVENUE

 

 

 

 

 

 

 

Cost - Office of Administration

 

 

 

     Transition Space Expenditure

($15,000)

$0

$0

 

 

 

 

ESTIMATED NET EFFECT ON GENERAL REVENUE


($15,000)


$0


$0

 

 

 

 

 

 

 

 

 

 

 

 



FISCAL IMPACT - Local Government

FY 2009

(10 Mo.)

FY 2010

FY 2011

 

 

 

 

 

$0

$0

$0


FISCAL IMPACT - Small Business


No direct fiscal impact to small businesses would be expected as a result of this proposal.




FISCAL DESCRIPTION


The proposed legislation appears to have no fiscal impact.


This legislation is not federally mandated, would not duplicate any other program and would not require additional capital improvements or rental space.


SOURCES OF INFORMATION


Office of Administration

            Division of Budget & Planning

Attorney General's Office

State Auditor's Office

Governor's Office







                                                                                                Mickey Wilson, CPA

                                                                                                Director

                                                                                                March 3, 2008