COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. No.: 1142-01
Bill No.: SB 0295
Subject: Education, Higher; Higher Education Dept.
Type: Original
Date: January 29, 2001
FISCAL SUMMARY
| FUND AFFECTED | FY 2002 | FY 2003 | FY 2004 |
| Total Estimated
Net Effect on All State Funds |
$0 | $0 | $0 |
| FUND AFFECTED | FY 2002 | FY 2003 | FY 2004 |
| 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 3 pages.
ASSUMPTION
Officials from the Department of Higher Education, in response to a similar proposal, said they assume the maximum amount of money that can be appropriated for community college maintenance and repair is specified in statute: ten percent of state operating appropriations. Community colleges must match all state maintenance and repair dollars with local funds. This bill only expands the type of expenses that are eligible for reimbursement. The bill does not change the maximum possible appropriations or mandate a change in the current appropriation level; therefore, there is no fiscal impact.
Officials from Linn State Technical College said this proposal would have no fiscal impact on their organization.
| FISCAL IMPACT - State Government | FY 2002
(10 Mo.) |
FY 2003 | FY 2004 |
| $0 | $0 | $0 |
| FISCAL IMPACT - Local Government | FY 2002
(10 Mo.) |
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.
DESCRIPTION
This proposal revises the allowable uses of capital funds for public community colleges.
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
Linn State Technical College
NOT RESPONDING
Moberly Area Community College
East Central College
Metropolitan Community Colleges
Mineral Area College
St. Charles County Community College
St. Louis Community College System
Three Rivers Community College
State Fair Community College
Jeanne Jarrett, CPA
Director
January 29, 2001