SB 0940 - Fiscal Note

Fiscal Note - SB 0940 - Authorizes Conveyance of St. Louis State Hospital

L.R. NO.  3428-01
BILL NO.  Truly Agreed and Finally Passed SB 940
SUBJECT:  Easements and Conveyance:  Department of Mental Health
TYPE:     Original
DATE:     April 17, 1996



                              FISCAL SUMMARY
                    ESTIMATED NET EFFECT ON STATE FUNDS


FUND AFFECTED              FY 1997             FY 1998           FY 1999

Mental Health
Housing Trust              UNKNOWN                  $0                $0

Total Estimated
Net Effect on All
State Funds                UNKNOWN                  $0                $0
*Does not include reduction in state land and buildings.



                   ESTIMATED NET EFFECT ON FEDERAL FUNDS


FUND AFFECTED              FY 1997             FY 1998           FY 1999

NONE

Total Estimated
Net Effect on All
Federal Funds                   $0                  $0                $0


                    ESTIMATED NET EFFECT ON LOCAL FUNDS


FUND AFFECTED              FY 1997             FY 1998           FY 1999

Local Government                $0                  $0                $0


                              FISCAL ANALYSIS

ASSUMPTION

Officials from the Office of Governor, the Office of Administration, and the
Office of Attorney General assume this proposal would not fiscally impact
their agencies.

Department of Mental Health (DMH) officials state the property is surplus to
the needs of the St. Louis Psychiatric Rehabilitation Center.  Part of the
property would be conveyed to the YMCA and the disposition of the balance,
known as the Old Hawthorn Hospital site, is not yet determined.  DMH
acknowledges that the property has an appraised value of $6.3 million.  DMH
further states the potential proceeds and the effect on the Eastern region
financing is unknown. Oversight assumes at least a portion of the property
will be sold and that the proceeds of such sale will exceed the carrying
value of the property.


FISCAL IMPACT - State Government FY 1997   FY 1998   FY 1999
                                (10 Mo.)

MENTAL HEALTH HOUSING TRUST

Income - Department of Mental Health
   Sale of Hawthorn Building     UNKNOWN        $0        $0

ESTIMATED NET EFFECT ON
MENTAL HEALTH HOUSING TRUST*     UNKNOWN        $0        $0

*Does not include reduction in state land and buildings.



FISCAL IMPACT - Local Government FY 1997   FY 1998   FY 1999
                                (10 Mo.)

                                      $0        $0        $0


DESCRIPTION

This proposal would allow the Governor to convey state property known as the
St. Louis State Hospital Complex to the YMCA of Greater St. Louis.  Proceeds
will be placed in the Mental Health Housing Trust Fund.  The proposal
contains a reversionary clause.

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 Governor
Department of Mental Health
Office of Administration
Office of Attorney General