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
FUND AFFECTED | FY 2002 | FY 2003 | FY 2004 |
None | $0 | $0 | $0 |
Total Estimated
Net Effect on All State Funds |
$0 | $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 3 pages.
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