COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. NO.: 3316-03
BILL NO.: Perfected SCS For SB 754
SUBJECT: Education, Elementary and Secondary: County School Fund
TYPE: Original
DATE: March 16, 2000
FISCAL SUMMARY
| FUND AFFECTED | FY 2001 | FY 2002 | FY 2003 |
| Total Estimated
Net Effect on All State Funds |
$0 | $0 | $0 |
| FUND AFFECTED | FY 2001 | FY 2002 | FY 2003 |
| Total Estimated
Net Effect on All Federal Funds |
$0 | $0 | $0 |
| FUND AFFECTED | FY 2001 | FY 2002 | FY 2003 |
| Local Government | $0 | $0 | $0 |
Numbers within parentheses: ( ) indicate costs or losses.
This fiscal note contains 3 pages.
ASSUMPTION
Officials from the Attorney General's Office assume the proposal would result in no fiscal impact to the agency.
Officials from the Department of Natural Resources state that pursuant to Article IX, Section 7, of the Missouri Constitution, all penalties received as a result of the department's regulatory action are required to be deposited in the appropriate county school fund. The bill would not impact the department's authority; therefore, DNR would not be impacted by the legislation.
Officials from the Department of Elementary and Secondary Education (DESE) assume the proposal would be cost neutral to the state. DESE officials assume money received from penalties paid by a concentrated animal feeding operation is not a deduction in the basic state aid formula. Since it is not a deduction, placing the revenue in the Capital Projects Fund would have no impact on the basic state aid formula. The proposal would give the district the authority to place the revenue in the Incidental or Capital Projects Funds. Currently, the revenue must be placed in the Teachers Fund.
| FISCAL IMPACT - State Government | FY 2001
(10 Mo.) |
FY 2002 | FY 2003 |
| $0 | $0 | $0 |
| FISCAL IMPACT - Local Government | FY 2001
(10 Mo.) |
FY 2002 | FY 2003 |
| $0 | $0 | $0 |
FISCAL IMPACT - Small Business
No direct fiscal impact to small businesses would be expected as a result of this proposal.
DESCRIPTION
Money received from the county school fund from penalties paid by a concentrated animal feeding operation as defined by the Department of Natural Resources would be placed to the credit of the fund or funds designated by the board.
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 Elementary and Secondary Education
Department of Natural Resources
Attorney General's Office
Jeanne Jarrett, CPA
Director
March 16, 2000