COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. No.: 4712-04
Bill No.: SB 1295
Subject: Higher Education
Type: Original
Date: March 8, 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 5 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 the impact of the proposal is unknown since it could result in potential cost savings or additional cost to the state.
Officials from the University of Missouri assume the proposal would have no material fiscal impact on the University of Missouri.
Officials from Northwest Missouri State University assume the proposal would have no direct material impact on that institution.
Officials from the Missouri Comprehensive Health Care Plan, the Missouri State Employees Retirement System, the Joint Committee on Public Employee Retirement, the Office of the Governor, the Office of the State Treasurer; and the Office of Administration, Division of Accounting, Division of Budget and Planning, and Division of Design and Construction, assume the proposal would have no impact on their organizations.
ASSUMPTIONS (continued)
Officials from the Office of Administration, Division of Personnel, did not respond to our request for information.
Oversight assumes this proposal would have no direct impact on any state agency or any state fund since it does not specify any program changes at the institutions involved and would not result in any change in the amounts appropriated or spent from state funds. Oversight also assumes that changes in the mission, scope, and operations of the institutions would result from future actions by the institutions and the Department of Higher Education, and from future legislative changes. Finally, Oversight assumes that any changes in the institutions' budgets from state funds would be subject to the normal state higher education budget process.
| 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 authorize the transfer of the institution of higher education in Marysville, Nodaway County, from the Board of Regents of Northwest Missouri State University to the Board of Curators of the University of Missouri. Such transfer would be contingent on an agreement between the Board of Regents and the Board of Curators regarding the transfer. If an agreement is reached; all real and personal property of the institution, all unexpended appropriations, and all unexpended and transferrable trust funds, would be transferred, and all employees of the institution would become employees of the University of Missouri. The University of Missouri would be reimbursed for all liabilities it assumes as a result of the transfer including the actuarial value of transferred employees' past service.
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
Northwest Missouri State University
Missouri Comprehensive Health Care Plan
Missouri State Employees Retirement System
Joint Committee on Public Employee Retirement
Office of the Governor
Office of the State Treasurer
Office of Administration
Division of Accounting
Division of Budget and Planning
Division of Design and Construction
NOT RESPONDING
Office of Administration
Division of Personnel
Mickey Wilson, CPA
Director
March 8, 2004