COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. No.: 4063-01
Bill No.: SB 1101
Subject: Higher Education
Type: Original
Date: March 1, 2004
FISCAL SUMMARY
| FUND AFFECTED | FY 2005 | FY 2006 | FY 2007 |
| Total Estimated
Net Effect on General Revenue Fund |
$0 | $0 | $0 |
| FUND AFFECTED | FY 2005 | FY 2006 | FY 2007 |
| Total Estimated
Net Effect on Other State Funds |
$0 | $0 | $0 |
Numbers within parentheses: ( ) indicate costs or losses.
This fiscal note contains 3 pages.
| FUND AFFECTED | FY 2005 | FY 2006 | FY 2007 |
| Total Estimated
Net Effect on All Federal Funds |
$0 | $0 | $0 |
| FUND AFFECTED | FY 2005 | FY 2006 | FY 2007 |
| Local Government | $0 | $0 | $0 |
ASSUMPTION
Officials from the Department of Higher Education assume this proposal would have an unknown impact, as it would prevent the institution specified from pursuing potential cost savings.
Officials from the University of Missouri assume this proposal would result in a negative impact to the University of approximately $500,000 per year since it would require the continuation of a chancellor's salary, benefits, housing allowance, travel, and office and support staff costs.
Oversight assumes this proposal would require the university to maintain the position of Columbia campus chancellor permanently, and would prevent the University from achieving potential future savings from consolidating that position with the position of University president. Oversight assumes the savings or costs resulting from this proposal, if any, would not result in an increase or decrease in appropriations or expenditures from any state fund.
| 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
This proposal would prohibit the president of the University of Missouri from also serving as the chancellor of a University of Missouri campus.
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 Higher Education
University of Missouri
Mickey Wilson, CPA
Director
March 1, 2004