COMMITTEE ON LEGISLATIVE RESEARCH

OVERSIGHT DIVISION



FISCAL NOTE



L.R. No.: 3339-01

Bill No.: SB 942

Subject: Easements and Conveyances.

Type: Original

Date: January 15, 2004




FISCAL SUMMARY



ESTIMATED NET EFFECT ON GENERAL REVENUE FUND
FUND AFFECTED FY 2005 FY 2006 FY 2007
Total Estimated

Net Effect on

General Revenue

Fund

$0 $0 $0



ESTIMATED NET EFFECT ON STATE FUNDS
FUND AFFECTED FY 2005 FY 2006 FY 2007
Total Estimated

Net Effect on All

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 2005 FY 2006 FY 2007
Total Estimated

Net Effect on All

Federal Funds

$0 $0 $0



ESTIMATED NET EFFECT ON LOCAL FUNDS
FUND AFFECTED FY 2005 FY 2006 FY 2007
Local Government $0 $0 $0




FISCAL ANALYSIS



ASSUMPTION



Officials from the Office of Administration - Design and Construction and the Office of the Governor each state the proposal wold not fiscally impact their respective agencies.



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



Officials from the Department of Public Safety - Missouri National Guard (MNG) state the armory in Neosho is in poor condition and not adequate for military usage. By closing this armory and transferring the ownership to the City of Neosho, the State of Missouri will avoid significant cost to repair and renovate the existing armory.



Officials from Newton County and the City of Neosho did not respond to our request for fiscal impact.



Oversight assumes the state will be disposing of the National Guard Armory in Neosho from its general fixed assets for $1, which is immaterial for purposes of the fiscal note.



FISCAL IMPACT - State Government FY 2005

(10 Mo.)

FY 2006 FY 2007
$0 $0 $0





FISCAL IMPACT - Local Government FY 2005

(10 Mo.)

FY 2006 FY 2007
$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 state to convey the National Guard Armory Building in Neosho to the City of Neosho.



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 the Governor

Office of the Attorney General

Office of Administration

Department of Public Safety - Missouri National Guard



NOT RESPONDING: City of Neosho, Newton County









Mickey Wilson, CPA

Director

January 15, 2004