COMMITTEE ON LEGISLATIVE RESEARCH

OVERSIGHT DIVISION



FISCAL NOTE



L.R. No.: 4466-02

Bill No.: Perfected SB 1124

Subject: Easements and Conveyances; Property, Real and Personal; St. Louis

Type: Original

Date: March 21, 2002




FISCAL SUMMARY



ESTIMATED NET EFFECT ON STATE FUNDS
FUND AFFECTED FY 2003 FY 2004 FY 2005
General Revenue
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
None
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 3 pages.





FISCAL ANALYSIS



ASSUMPTION



Officials from the Office of the Governor assume the proposed legislation would have no direct cost to their office.



Officials from the Office of the Attorney General assume costs that could result from passage of this proposal could be absorbed within existing resources.



Officials from the City of St. Louis assume the proposal would result in an unknown fiscal impact.



Officials from the Office of Administration - Division of Design and Construction (COA) note they currently occupy 2000 square feet in this building at no cost. COA states their Division of Facilities Management has agreed to provide space for the employees vacating the Hubert Wheeler Building which will result in no direct cost to their agency.



Oversight assumes if the property described in the proposal were conveyed to the City of Louis, any resulting costs would become a budget item for the City of St. Louis.





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 authorizes the state to convey state property in St. Louis known as the Hubert Wheeler State School. The state Commissioner of Administration is responsible for setting the terms and conditions of the public sale of the property. The Office of the Attorney General shall approve as to form the instrument of conveyance.



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



Office of Administration - Division of Design and Construction

Office of the Attorney General





NOT RESPONDING



Office of the Governor

City of St. Louis



















Mickey Wilson, CPA

Acting Director

March 21, 2002