COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. No.: 1920-01
Bill No.: SB 497
Subject: Counties: Depositaries
Type: Original
Date: March 1, 2007
Bill Summary: Changes the time for which bids and selection of county depositaries are to be made.
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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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 |
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|
|
|
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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 |
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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 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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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
The Boone County Treasurer assumes there would be no fiscal impact to the county.
The Callaway County Treasurer assumes no fiscal impact to the county.
The St. Louis County Public Administrator assumes there would be considerable administrative impact from complying with the new duties in this proposal.
Oversight assumes there would be a switch of duties from the County Treasurer to the County Public Administrator. Oversight assumes that any costs in performing these duties would be defrayed in the same manner that the County Treasurer defrayed costs. This proposal states that all monies would go to the credit of the city or county, and if the money were demanded within five years, the Public Administrator would deduct all fees and expenses at time of settlement. Oversight assumes there would be no fiscal impact.
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
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
Boone County Treasurer
St. Louis County Public Administrator
Callaway County Auditor
NOT RESPONDING
Bates County
Camden County Treasurer
Cass County
Clay County
Cooper County
New Madrid County
Nodaway County
Ozark County
Perry County
Warren County
Webster County
Monroe County
Montgomery County
Mickey Wilson, CPA
Director
March 1, 2007