COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. No.: 1304-01
Bill No.: HB 428
Subject: Agriculture and Animals; Agriculture Dept.; Entertainment, Sports and Amusements
Type: Original
Date: February 14, 2007
Bill Summary: Creates the State Fair Escrow Fund to pay for the expenses and equipment associated with the Missouri State Fair
FISCAL SUMMARY
ESTIMATED NET EFFECT ON GENERAL REVENUE FUND |
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FUND AFFECTED |
FY 2008 |
FY 2009 |
FY 2010 |
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|
|
|
|
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Total Estimated Net Effect on General Revenue Fund |
$0 |
$0 |
$0 |
ESTIMATED NET EFFECT ON OTHER STATE FUNDS |
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FUND AFFECTED |
FY 2008 |
FY 2009 |
FY 2010 |
State Fair Escrow Fund |
$0 |
$0 |
$0 |
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|
|
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Total Estimated Net Effect on Other State Funds* |
$0 |
$0 |
$0 |
*Net of Revenues and Expenditures
Numbers within parentheses: ( ) indicate costs or losses.
This fiscal note contains 4 pages.
ESTIMATED NET EFFECT ON FEDERAL FUNDS |
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FUND AFFECTED |
FY 2008 |
FY 2009 |
FY 2010 |
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Total Estimated Net Effect on All Federal Funds |
$0 |
$0 |
$0 |
ESTIMATED NET EFFECT ON FULL TIME EQUIVALENT (FTE) |
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FUND AFFECTED |
FY 2008 |
FY 2009 |
FY 2010 |
|
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|
|
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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 |
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FUND AFFECTED |
FY 2008 |
FY 2009 |
FY 2010 |
Local Government |
$0 |
$0 |
$0 |
FISCAL ANALYSIS
ASSUMPTION
Officials from the Department of Agriculture assume this proposal will allow the Missouri State Fair to conform to the Missouri State Auditor's request.
Officials from the Office of Administration - Division of Budget and Planning assume this proposal should not result in additional costs or savings to their agency.
Officials from the State Treasurer's Office assume no impact to their agency.
FISCAL IMPACT - State Government |
FY 2008 (10 Mo.) |
FY 2009 |
FY 2010 |
STATE FAIR ESCROW FUND |
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Revenue - Ticket Sales Income, Arena Events, etc. |
Unknown |
Unknown |
Unknown |
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Expenses - Expense and Equipment |
(Unknown) |
(Unknown) |
(Unknown) |
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|
|
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ESTIMATED NET EFFECT ON STATE FAIR ESCROW FUND |
$0 |
$0 |
$0 |
|
|
|
|
|
|
|
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FISCAL IMPACT - Local Government |
FY 2008 (10 Mo.) |
FY 2009 |
FY 2010 |
|
|
|
|
|
$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
Department of Agriculture
State Treasurer's Office
Office of Administration -
Division of Budget and Planning
Mickey Wilson, CPA
Director
February 14, 2007