COMMITTEE ON LEGISLATIVE RESEARCH

OVERSIGHT DIVISION

FISCAL NOTE

L.R. No.:         2203-01

Bill No.:          SB 540

Subject:           Education, Elementary and Secondary; Taxation and Revenue - Sales and Use

Type:              Original

Date:               March 9, 2007

Bill Summary:           Allows the Mehlville School District to impose up to a one percent sales tax to provide revenue for the operation of the school district.

FISCAL SUMMARY

Numbers within parentheses: ( ) indicate costs or losses.

This fiscal note contains 5 pages.

☐ 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).

FISCAL ANALYSIS

ASSUMPTION

Officials from the Office of State Treasurer state there will be no fiscal impact to their agency resulting from this proposed legislation.

Officials from the Department of Elementary and Secondary Education state this proposal has no impact on the foundation formula or any other school related payments. The proposal would provide an increased local revenue opportunity for a specific district.

Officials from the Department of Revenue (DOR) state that if the additional sales tax were approved by the vote of the people, DOR would receive a collection/administration fee of 1%, therefore, increasing General Revenue. DOR-Division of Taxation does not anticipate an impact due to this legislation.

Office of Administration Information Technology (ITSD DOR) estimates the IT portion of this request can be accomplished within existing resources, however; if priorities shift, additional FTE/overtime would be needed to implement. Office of Administration Information Technology (ITSD DOR) estimates that this legislation could be implemented utilizing 2 existing CIT III for 2 months at a rate of $16,744.

Oversight assumes this proposal is permissive and, as written, would have no fiscal impact. Impact would only occur with action by the local governing body with voter approval.

Officials from the Mehlville School District, the County of St Louis, and the St Louis Board of Elections did not respond to a request for fiscal note.

FISCAL IMPACT - Small Business

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

FISCAL DESCRIPTION

This proposal allows the governing body of the Mehlville School District to put a ballot measure before the voters residing within the school district to allow the imposition of a sales tax of up to one percent for the purpose of providing revenues for the operation of the school district.

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 Elementary and Secondary Education

Department of Revenue

Office of State Treasurer

NOT RESPONDING

Mehlville School District

Saint Louis County

St Louis County Board of Elections

                                                                                                Mickey Wilson, CPA

                                                                                                Director

                                                                                                March 9, 2007