COMMITTEE ON LEGISLATIVE RESEARCH

OVERSIGHT DIVISION



FISCAL NOTE



L.R. No.: 5128-01

Bill No.: SCR 71

Subject: State Employees

Type: Original

Date: May 1, 2002



FISCAL SUMMARY



ESTIMATED NET EFFECT ON STATE FUNDS
FUND AFFECTED FY 2003 FY 2004 FY 2005
General Revenue* $19,858,874 $0 $0
Total Estimated

Net Effect on All

State Funds*

 $19,858,874 $0 $0

*Income and costs of about $23.8 million per year offset beginning with FY 2004.

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 3 pages.



FISCAL ANALYSIS



ASSUMPTION



Officials of the Gaming Commission, in responses to proposals increasing the gaming boat admission fees, have projected the state's one dollar ($1.00) share of fees brings in $47,661,299. A fifty cent ($.50) increase would yield about $23,830,649 per year.



FISCAL IMPACT - State Government FY 2003

(10 Mo.)

 FY 2004 FY 2005
GENERAL REVENUE FUND
Income - $.50 increase in admission fee $19,858,874 $23,830,649 $23,830,649
Cost - Pay Raises $0 ($23,830,649) ($23,830,649)
ESTIMATED NET EFFECT ON GENERAL REVENUE FUND $19,858,874 $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 business would be expected as a result of this proposal.





DESCRIPTION



This proposal would authorize an additional fifty cents per admission fee on gaming boat admissions. The money would be used for state employee pay raises in fiscal year 2004 and would be used only for state employee compensation in subsequent years.



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 affect Total State Revenue.





SOURCES OF INFORMATION



Gaming Commission















Mickey Wilson, CPA

Acting Director

May 1, 2002