COMMITTEE ON LEGISLATIVE RESEARCH

OVERSIGHT DIVISION



FISCAL NOTE



L.R. No.: 2119-01

Bill No.: SB 568

Subject: Department of Natural Resources; Property Exchange

Type: Original

Date: March 12, 2001




FISCAL SUMMARY



ESTIMATED NET EFFECT ON STATE FUNDS
FUND AFFECTED FY 2002 FY 2003 FY 2004
None $0 $0 $0
Total Estimated

Net Effect on All

State Funds

$0 $0 $0



ESTIMATED NET EFFECT ON FEDERAL FUNDS
FUND AFFECTED FY 2002 FY 2003 FY 2004
None $0 $0 $0
Total Estimated

Net Effect on All

Federal Funds

$0 $0 $0



ESTIMATED NET EFFECT ON LOCAL FUNDS
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.

FISCAL ANALYSIS



ASSUMPTION



Officials from the Office of Administration - Division of Design and Construction and the Office of Administration - Division of Facilities Management assume the proposed legislation would have no fiscal impact on their agencies.



Officials from the Department of Natural Resources (DNR) noted that this bill would authorize a land trade between the DNR - Division of State Parks and the City of Lexington. Both properties have been appraised and are of approximate equal value. The DNR is conveying to the city approximately 16.3 acres of undeveloped land on the Missouri River that is currently administered by the Battle of Lexington State Historic Site. The city is conveying to the DNR approximately two city blocks of undeveloped land near the main historic site.



Officials from the DNR assume this proposal would have no direct fiscal impact on their department.





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 authorizes the Department of Natural Resources and the City of Lexington to exchange certain property.





DESCRIPTION (continued)



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 Natural Resources

Office of Administration - Division of Design and Construction

Office of Administration - Division of Facilities Management



NOT RESPONDING: Office of Attorney General and City of Lexington













Jeanne Jarrett, CPA

Director



March 12, 2001