COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. No.: 3470-07
Bill No.: SCS for SB 900
Subject: Education, Elementary and Secondary: Utilities
Type: Original
Date: March 4, 2002
FISCAL SUMMARY
FUND AFFECTED | FY 2003 | FY 2004 | FY 2005 |
Total Estimated
Net Effect on All State Funds |
$0 | $0 | $0 |
FUND AFFECTED | FY 2003 | FY 2004 | FY 2005 |
Total Estimated
Net Effect on All Federal Funds |
$0 | $0 | $0 |
FUND AFFECTED | FY 2003 | FY 2004 | FY 2005 |
Local Government | $0 to Unknown | $0 to Unknown | $0 to Unknown |
Numbers within parentheses: ( ) indicate costs or losses.
This fiscal note contains 3 pages.
ASSUMPTION
Officials of the Department of Elementary and Secondary Education, the Department of Economic Development - Public Service Commission and the Department of Economic Development - Office of the Public Counsel stated that they would not request additional resources due to this proposal.
Officials of the Cooperating School Districts of Greater St. Louis note that the ten districts participating in its Energy Consortium have realized a total savings of $626,272 since November of 1999.
FISCAL IMPACT - State Government | FY 2003 | FY 2004 | FY 2005
(11 Mo.) |
$0 | $0 | $0 |
FISCAL IMPACT - Local Government | FY 2003 | FY 2004 | FY 2005
(11 Mo.) |
SCHOOL DISTRICTS | |||
Savings - Reduced Natural Gas Costs | $0 to Unknown | $0 to Unknown | $0 to Unknown |
ESTIMATED NET EFFECT ON SCHOOL DISTRICTS | $0 to Unknown | $0 to Unknown | $0 to Unknown |
FISCAL IMPACT - Small Business
Small businesses which are gas companies could be affected by this proposal.
DESCRIPTION
This proposal would allow school districts to aggregate purchases natural gas through a not-for- profit school association. Missouri gas corporations would file a set of small volume transportation schedules or tariffs applicable to public school districts by August 1, 2002. The proposal would establish requirements for the schedules filed with the Public Service
Commission.
The not-for-profit school association would make annual reports, beginning by September 1, 2003, to the Public Service Commission on the use of aggregate purchases of natural gas by school districts, savings by school districts and costs by Missouri gas corporations. The Public DESCRIPTION (continued)
Service Commission would, in turn make reports to the legislature. Gas companies would make annual reports, beginning by June 1, 2003, to the Public Service Commission of their revenues and costs due to aggregate natural gas purchases.
This act contains an emergency clause and would terminate on June 30, 2005.
This legislation is not federally mandated, would not duplicate any other program and would not require additional capital improvements or rental space. This legislation would not affect Total State Revenue.
SOURCES OF INFORMATION
Department of Economic Development - Public Service Commission
Department of Elementary and Secondary Education
Cooperating School Districts of Greater St. Louis
Mickey Wilson, CPA
Acting Director
March 4, 2002