COMMITTEE ON LEGISLATIVE RESEARCH

OVERSIGHT DIVISION


FISCAL NOTE

 

L.R. No.:         0259-02

Bill No.:          SB 81

Subject:           Cities: Tourism, Guest Tax

Type:              Original

Date:               January 4, 2007





 

Bill Summary:Allows the City of Sullivan and the portion of the Sullivan C-2 School District located in Franklin County to levy a transient guest tax.



FISCAL SUMMARY


ESTIMATED NET EFFECT ON GENERAL REVENUE FUND

FUND AFFECTED

FY 2008

FY 2009

FY 2010

 

 

 

 

 

 

 

 

Total Estimated

Net Effect on

General Revenue

Fund

$0

$0

$0


ESTIMATED NET EFFECT ON OTHER STATE FUNDS

FUND AFFECTED

FY 2008

FY 2009

FY 2010

 

 

 

 

 

 

 

 

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 2008

FY 2009

FY 2010

 

 

 

 

 

 

 

 

Total Estimated

Net Effect on All

Federal Funds

$0

$0

$0



ESTIMATED NET EFFECT ON FULL TIME EQUIVALENT (FTE)

FUND AFFECTED

FY 2008

FY 2009

FY 2010

 

 

 

 

 

 

 

 

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 2008

FY 2009

FY 2010

Local Government

$0

$0

$0








FISCAL ANALYSIS


ASSUMPTION


Officials of the Department of Revenue assume no fiscal impact.


Officials of the Office of Administration Information Technology (ITSD DOR) estimates the IT portion of this request can be accomplished within existing resources. Officials assume no fiscal impact.


Oversight assumes this proposal amends the current boundaries of the area that would be allowed to impose a transient guest tax on a portion of the Sullivan C-2 School District located in Franklin County.


Oversight assumes the City of Sullivan currently has the authority to impose a transient guest tax


Oversight assumes this proposal does not require the City of Sullivan to seek voter approval to impose a transient guest tax on that portion of land allowed by this proposal.                      


Oversight assumes this proposal is permissive, and as written would have no fiscal impact without voter approval.


FISCAL IMPACT - State Government

FY 2008

(10 Mo.)

FY 2009

FY 2010

 

 

 

 

 

 

 

 

 

$0

$0

$0


FISCAL IMPACT - Local Government

FY 2008

(10 Mo.)

FY 2009

FY 2010

 

 

 

 

 

$0

$0

$0


FISCAL IMPACT - Small Business


If the City of Sullivan were to receive voter approval to impose a transient guest tax in the new portion of land allowed by this proposal, small businesses in the hotel, motel, bed and breakfast inns, docking facilities which rent slips for purposes of sleeping overnight and campgrounds would have costs related to the collection of and accounting for the tax.


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

 

Department of Revenue

Office of Administration Information Technology


NOT RESPONDING


City of Sullivan










                                                                                                Mickey Wilson, CPA

                                                                                                Director

                                                                                                January 4, 2007