COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. No.: 4636-02
Bill No.: SB 1179
Subject: County Salary Commission: Treasurer
Type: Original
Date: March 1, 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 or ($15,000) | $0 or ($15,000) | $0 or ($15,000) |
*This proposal is permissive.
Numbers within parentheses: ( ) indicate costs or losses.
This fiscal note contains 3 pages.
ASSUMPTION
Officials of the Cole County Clerk's Office assume any increase in salary for the County Treasurer would have to be approved by the County Salary Commission, therefore, if the Commission would approve a salary for the County Treasurer that would be equal to the salary of the Public Administrator, the increase in salary would be $15,000. The current salary of the Treasurer is $37,000. Officials assume if the Salary Commission did not approve the increase the fiscal impact would be $0.
Oversight assumes this proposal does not mandate the Cole County Salary Commission to increase the salary of the County Treasurer, therefore, fiscal impact will be shown as $0 or ($15,000). Oversight assumes no state fiscal impact.
| 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 |
| COLE COUNTY GENERAL REVENUE FUND | |||
| Cost to Cole County | |||
| for Treasurer salary increase * | $0 or ($15,000) | $0 or (15,000) | $0 or ($15,000) |
* This proposal does not mandate a salary increase. Any fiscal impact would require action at the local level.
FISCAL IMPACT - Small Business
No direct fiscal impact to small businesses would be expected as a result of this proposal.
DESCRIPTION
This act allows the Cole County Salary Commission to adjust the salary of the County Treasurer to equal the compensation paid to the County Public Administrator at the next scheduled meeting
DESCRIPTION (continued)
of the commission.
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
Cole County Clerk
Mickey Wilson, CPA
Acting Director
March 1, 2002