COMMITTEE ON LEGISLATIVE RESEARCH

OVERSIGHT DIVISION



FISCAL NOTE



L.R. No.: 0317-02

Bill No.: SB 130

Subject: Administration, Office of; Property - Real and Personal; Easements and Conveyances; Counties

Type: Original

Date: January 14, 2003




FISCAL SUMMARY



ESTIMATED NET EFFECT ON GENERAL REVENUE FUND
FUND AFFECTED FY 2004 FY 2005 FY 2006
Total Estimated

Net Effect on

General Revenue

Fund

$0 $0 $0



ESTIMATED NET EFFECT ON OTHER STATE FUNDS
FUND AFFECTED FY 2004 FY 2005 FY 2006
Total Estimated

Net Effect on Other

State Funds

$0 $0 $0



Numbers within parentheses: ( ) indicate costs or losses.

This fiscal note contains 3 pages.





ESTIMATED NET EFFECT ON FEDERAL FUNDS
FUND AFFECTED FY 2004 FY 2005 FY 2006
Total Estimated

Net Effect on All

Federal Funds

$0 $0 $0



ESTIMATED NET EFFECT ON LOCAL FUNDS
FUND AFFECTED FY 2004 FY 2005 FY 2006
Local Government $0 $0 $0






FISCAL ANALYSIS



ASSUMPTION



Officials from the Office of the Governor, Office of Administration - Division of Design and Construction and St. Charles County assume the proposal would have no fiscal impact on their offices.



Officials from the Office of the Attorney General assume any potential costs arising from this proposal can be absorbed with existing resources.



Oversight assumes the state of Missouri will receive fair market value for the property and therefore assumes the net effect on state government to be zero.





FISCAL IMPACT - State Government FY 2004

(10 Mo.)

FY 2005 FY 2006
$0 $0 $0





FISCAL IMPACT - Local Government FY 2004

(10 Mo.)

FY 2005 FY 2006
$0 $0 $0





FISCAL IMPACT - Small Business



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





DESCRIPTION



The proposal authorizes the Governor to convey state property in St. Charles County along 321 Knaust Road to St. Charles County. The State Commissioner of Administration is responsible for setting the terms and conditions of the sale of the property. The Attorney General shall approve as to form the instruments of conveyance.



This proposal 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 Administration - Division of Design and Construction

Office of the Attorney General

Office of the Governor

St. Charles County







Mickey Wilson, CPA

Director



January 14, 2003