L.R. NO.: 0428-01

BILL NO.: SB 132

SUBJECT: Walt Disney Film Studio

TYPE: Original

DATE: January 17, 2001


FUND AFFECTED FY 2002 FY 2003 FY 2004
Parks Sales Tax Fund $0 $0 to ($3,182,781) $0 to ($172,094)
Parks Earning Fund $0 $0 $0 to $5,000
Total Estimated

Net Effect on All

State Funds

$0 $0






FUND AFFECTED FY 2002 FY 2003 FY 2004
None $0 $0 $0
Total Estimated

Net Effect on All

Federal Funds

$0 $0 $0

FUND AFFECTED FY 2002 FY 2003 FY 2004
Local Government $0 $0 $0

Numbers within parentheses: ( ) indicate costs or losses

This fiscal note contains 5 pages.



If funds are appropriated, the Department of Natural Resources (DNR) assumes they would incur capital improvement costs including acquisition costs and renovation costs to bring the Walt Disney Film Studio in line with the standards of historic sites in the state park system. The DNR would be responsible for all financial obligations connected with the Disney Studio, including acquisition costs for the studio, adjacent properties for parking; administrative, interpretive, and maintenance personnel; operating expenses; equipment; and capital improvement expenditures.

The DNR has not conducted an environmental assessment of this property. If environmental contamination is discovered on the property, the related clean-up costs could be significant. Until an environmental assessment has been completed, the total cost to acquire and maintain this property is unknown.

The Walt Disney Film Studio is a two-story, six-bay rectangular-plan commercial building (10,400 square feet) measuring 100 feet east-west and 52 feet north-south. The building contains a partial basement comprised of a coal room and furnace room (780 square feet). A single story rectangular concrete cinder block addition (1,120 square feet) measuring approximately 80 feet east-west and 14 feet north-south, is located along the rear (south) facade.

The DNR assumes they would incur the following renovation cost:

$ 20,000 building acquisition;

100,000 stabilization and demolition, debris removal;

2,138,500 renovation, roof reconstruction, tuck-pointing and interior work on the main building at $200 per square foot; on the partial basement at approximately $75 square foot

50,000 site work, water, sewer, lighting, and security

162,000 acquisition of lot and development of parking lot

40,000 lead and asbestos removal

100,000 elevator for ADA access

$2,610,500 Total Renovation Costs

In addition, the DNR assumes they would budget for:

$ 313,260 contingencies at 12% of the renovation cost - ($2,610,500 x 12%)

350,851 architect and engineering studies at 12% of total costs - ($2,923,760 x 12%); and

70,170 administrative costs of 2.4% of total costs - ($2,923,760 x 2.4%).

$3,344,781 Total acquisition and renovation costs.

ASSUMPTION (continued)

The DNR assumes these acquisition and renovation costs do not include renovation costs for the concrete cinder block addition. At this time, the department needs further information/data on this building to determine potential renovation activities.

The DNR states that projected revenues will be derived primarily from tour fees and donations and estimated annual totals of $5,000.

DNR states that Section B of this legislation requires that the legislation will be in full force and effect upon its passage and approval. Therefore, if passed, this legislation would be effective immediately upon the Governor's signature. However, the normal process for appropriation authority for TAFP legislation is that the appropriations, unless an emergency situation, are not requested until the following budget request year. This request would be a part of a CI Budget presentation. The next biennial CI budget cycle will be in FY2003. Therefore, the department would request the additional appropriation authority for 2001 TAFP legislation in the FY03 budget request.

According to the Missouri Constitution, the Parks Sales Tax Fund was created to fund the acquisition, development, maintenance, and operation of state parks, Oversight assumes the costs of this proposal would be borne by the Parks Sales Tax Fund.

Oversight assumes this proposal permits the DNR to acquire the Disney Film studio. Therefore, the estimated costs of this proposal would be subject to appropriation.

Oversight assumes this proposal would not require the acquisition and development of an additional lot for parking. Oversight assumes if it is determined that additional parking is needed in the future, the DNR could request funds in the normal budget process.

Oversight also assumes the renovation and development of the property would take a considerable amount of time. Therefore, it is unlikely there would be a need for staff until FY 2004. Accordingly, Oversight has not included personal service costs until FY 2004.

Oversight assumes the facility can absorb mileage reimbursement costs and has not included costs to purchase a vehicle. Also, Oversight has adjusted DNR's equipment and expense costs to bring them in-line with Office of Administration guidelines.

Officials from the Department of Economic Development - Division of Tourism assumed this proposal would not fiscally impact their agency.

FISCAL IMPACT - State Government FY 2002 FY 2003 FY 2004


Costs - DNR $0 $0

or or

Personal Service $0 $0 ($106,324)

Fringe Benefits 0 0 ($35,438)

Expense and Equipment 0 0 ($30,332)

Other Costs 0 (3,182,781) $0

$0 ($3,182,781) ($172,094)

Estimated Net Effect on $ 0 or $0 or

PARKS SALES TAX FUND* $0 ($3,182,781)* ($172,094)*

*** Subject to Appropriation ***



Income - DNR or

Fees, sales and donations $0 $0 $5,000

FISCAL IMPACT - Local Government FY 2002 FY 2003 FY 2004

$0 $0 $0

FISCAL IMPACT - Small Business

No direct fiscal impact to small businesses would be expected as a result of this proposal.


This proposal designates the first commercial film studio in Missouri operated by Walt Disney as a Missouri State Historical site.

The Missouri Department of Natural Resources may acquire the Disney film studio, pursuant to General Assembly appropriation. The Attorney General shall approve the instrument of conveyance.

Following the acquisition of the site and the necessary rehabilitation of it, the Department of Natural Resources shall establish and operate a museum dedicated to the life and works of Walt Disney.

This legislation is not federally mandated, would not duplicate any other program and would not require additional capital improvements or rental space.


Department of Natural Resources

Department of Economic Development - Tourism

NOT RESPONDING: City of Kansas City

Jackson County

Jeanne Jarrett, CPA


January 17, 2001