COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. No.: 4451-04
Bill No.: Perfected SCS for SB 1212
Subject: Easements and Conveyances; Property, Real and Personal; Governor & Lt. Governor
Type: Original
Date: March 31, 2004
FISCAL SUMMARY
| FUND AFFECTED | FY 2005 | FY 2006 | FY 2007 |
| General Revenue | Less than $1,000,000 | $0 | $0 |
| Total Estimated
Net Effect on General Revenue Fund |
Less than $1,000,000 | $0 | $0 |
| 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.
| 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 Office of Administration, Division of Design and Construction (D&C) did not respond to our fiscal note request. In a similar proposal D&C assumed this proposal would have no impact on their organization.
Officials from the Office of the Attorney General (AG) assume that any potential costs arising from this proposal can be absorbed with existing resources.
Officials from the Office of Administration - Division of Budget and Planning (BAP) did not respond to our fiscal note request. In a similar proposal BAP assumed this proposal would not result in additional costs or savings to the BAP. BAP assumes this proposal would increase total state revenue.
Officials from the Office of the Governor and the Jackson County did not respond to our request for information.
Oversight assumes the state will be selling the property for $1,000,000 and costs of the
ASSUMPTION (continued)
sale will lessen the net proceeds. Oversight assumes an income of less than $1,000,000 in FY05. Oversight assumes the funding of construction or repair or maintenance of state facilities will be paid out of the appropriations set up for those purposes.
| FISCAL IMPACT - State Government | FY 2005
(10 Mo.) |
FY 2006 | FY 2007 |
| GENERAL REVENUE | |||
| Income - Office of Administration | |||
| Net proceeds from sale of building | Less than $1,000,000 |
$0 |
$0 |
| ESTIMATED NET EFFECT ON GENERAL REVENUE | Less than $1,000,000 |
$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 transfers state property, known as the Felix Building, to the Truman Medical Center for $1,000,000.
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
NOT RESPONDING: Office of the Governor, Jackson County, Office of Administration and Office of Administration - Division of Design and Construction
Mickey Wilson, CPA
Director
March 31, 2004