COMMITTEE ON LEGISLATIVE RESEARCH

OVERSIGHT DIVISION



FISCAL NOTE



L.R. No.: 2915-03

Bill No.: Truly Agreed To And Finally Passed HCS for SB 950

Subject: Roads and Highways; Transportation Dept.; Highway Patrol

Type: Original

Date: May 7, 2002




FISCAL SUMMARY

ESTIMATED NET EFFECT ON STATE FUNDS
FUND AFFECTED FY 2003 FY 2004 FY 2005
Total Estimated

Net Effect on All

State Funds#

$0 $0 $0



ESTIMATED NET EFFECT ON FEDERAL FUNDS
FUND AFFECTED FY 2003 FY 2004 FY 2005
Total Estimated

Net Effect on All

Federal Funds

$0 $0 $0



ESTIMATED NET EFFECT ON LOCAL FUNDS
FUND AFFECTED FY 2003 FY 2004 FY 2005
Local Government $0 $0 $0

Numbers within parentheses: ( ) indicate costs or losses.

This fiscal note contains 2 pages.









FISCAL ANALYSIS



ASSUMPTION



Officials with the Department of Transportation (MoDOT) hope civic organizations or individual donors would contribute funds to pay a one-time cost for two signs to be installed on each side of the Interstate at an approximate cost of $1,901. Otherwise, MoDOT's Road Fund will be impacted by $1,901.



The Henry Shaw Ozark Corridor Foundation sent a letter dated March 7, 2002 indicating that the foundation would pay for the cost of this project. Therefore, MoDOT assumes no fiscal impact from this proposal.



FISCAL IMPACT - State Government FY 2003

(10 Mo.)

FY 2004 FY 2005
$0 $0 $0
FISCAL IMPACT - Local Government FY 2003

(10 Mo.)

FY 2004 FY 2005
$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 designates a portion of I-44 the "Henry Shaw Ozark Corridor".



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 Transportation





Mickey Wilson, CPA

Acting Director

May 7, 2002