COMMITTEE ON LEGISLATIVE RESEARCH

OVERSIGHT DIVISION



FISCAL NOTE



L.R. No.: 4084-03

Bill No.: Perfected SCS for SB 1106

Subject: Easements and Conveyances; Governor & Lt. Governor

Type: Original

Date: March 3, 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 4 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 (COA) - Division of Budget and Planning, Department of Economic Development - Division of Tourism, Department of Natural Resources and Office of the Governor assume the proposal will have no fiscal impact on their organizations.



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



Officials from the Department of Mental Health (DMH) state an appraisal has not been completed on the Glore Psychiatric Museum. Therefore, the DMH is unsure of the value of this property. Also, due to the historical preservation of this building, commercial use is limited. It is also assumed that the intent of the proposal is to only include artifacts and exhibit cases and not office furniture, furnishings, and computer equipment. The DMH assumes an unknown loss would result from this proposal.



Officials from the COA - Division of Design and Construction (D&C) did not respond to our request for a statement of fiscal impact. However, in response to similar legislation, the D&C stated the proposal would have no direct fiscal impact on their organization although the loss of revenue to the State from the sale of the property is unknown.



ASSUMPTION (continued)



Officials from the City of St. Joseph did not respond to our request for a statement of fiscal impact.



Oversight assumes any loss resulting from the transfer of the Glore Psychiatric Museum and the personal property within the Museum to the St. Joseph Museum, Inc., at a reduced value, would be offset by reductions in administrative, repair, maintenance and other unknown costs,



FISCAL IMPACT - State Government FY 2005 FY 2006 FY 2007
$0 $0 $0




FISCAL IMPACT - Local Government FY 2005 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 conveys the Glore Psychiatric Museum and the personal property of the state within the building to the St. Joseph Museum Inc.



This act has an emergency 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 Attorney General

Office of Administration -

Division of Budget and Planning

Office of the Governor

Department of Economic Development -

Division of Tourism

Department of Mental Health

Department of Natural Resources



NOT RESPONDING: Office of Administration - Division of Design and Construction and City of St. Joseph





























Mickey Wilson, CPA

Director

March 3, 2004