COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
LR No.: 1045-01
Bill No.: SB 273
Subject: Transportation: Kansas City Area Transit Authority
Type: Original
Date: March 14, 2003
FISCAL SUMMARY
| FUND AFFECTED | FY 2004 | FY 2005 | FY 2006 |
| General Revenue | $154,519 | $309,039 | $156,065 |
| Total Estimated
Net Effect on General Revenue Fund |
$154,519 | $309,039 | $156,065 |
| 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 4 pages.
| FUND AFFECTED | FY 2004 | FY 2005 | FY 2006 |
| Total Estimated
Net Effect on All Federal Funds |
$0 | $0 | $0 |
| FUND AFFECTED | FY 2004 | FY 2005 | FY 2006 |
| Local Government | $15,451,990 | $30,903,979 | $15,606,509 |
ASSUMPTION
Officials of the Kansas City Manager's Office stated there would be no fiscal impact to the City of Kansas City.
Officials of the Kansas City Area Transportation Authority stated that this proposal would have a positive fiscal impact to their authority. Officials assume that to extend the sales tax for another 2 years would produce necessary income for the Authority.
Officials of the Department of Revenue stated that extending the sales tax to be collected for the Kansas City Area Transportation Authority would have no fiscal impact to the Department, however, the 1% collection fee would be continued for the State's General Revenue Fund.
Oversight assumes, based on a similar fiscal note from a prior session, that the sales tax extension would generate$15,451,990 for 6 months of FY 2004. Officials assumed 1% annual growth, and estimated that revenues would be approximately $30,903,979 in FY 2005: and $15,606,509 for 6 months of FY 2006. Pursuant to this proposal, the sales tax is to expire on December 31, 2005, or state fiscal year 2006.
ASSUMPTION continued
Oversight assumes the 1% collection fee would generate approximately $154,519 for 6 months of FY 2004, and would generate $309,039; and $156,065 for 6 months of FY 2006. These monies would be deposited in the State's General Revenue Fund.
| FISCAL IMPACT - State Government | FY 2004
(6 Mo.) |
FY 2005 | FY 2006
(6 Mo.) |
| GENERAL REVENUE FUND | |||
| Income to General Revenue Fund | |||
| from DOR 1% collection fee | $154,519 | $309,039 | $156,065 |
| ESTIMATED NET EFFECT TO GENERAL REVENUE FUND |
$154,519 |
$309,039 |
$156,065 |
| FISCAL IMPACT - Local Government | FY 2004
(6 Mo.) |
FY 2005 | FY 2006 (6 Mo.) |
| Income to Kansas City Area Transit Authority | |||
| Continuation of 1/2% sales tax | $15,451,990 | $30,903,979 | $15,606,509 |
| ESTIMATED NET EFFECT TO LOCAL GOVERNMENT |
$15,451,990 |
$30,903,979 |
$15,606,509 |
FISCAL IMPACT - Small Business
Small businesses would be expected to be fiscally impacted to the extent that they pay local sales tax on taxable items. The extension of the Kansas City transportation sales tax would cause small businesses to continue to pay the local rate for such taxable items.
DESCRIPTION
This bill revises provisions pertaining to the public mass transportation system sales tax for Kansas City.
This act extends the sunset date on the Kansas City public mass transportation sales tax from December 31, 2003 to December 31, 2005. This act also allows Kansas City to use moneys from the public mass transportation trust fund for intra-community transit services conducted by the interstate transportation authority.
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 Revenue
Kansas City Area Transit Authority
Kansas City Manager's Office
Mickey Wilson, CPA
Director
March 14, 2003