This Fiscal Note is not an official copy and should not be quoted or cited.
Fiscal Note - SB 0928 - Binding Pre-Vote Tax Distribution Contr. B/W Pol. Subdivis.
L.R. NO. 3495-01
BILL NO. SB 928
SUBJECT: Contracts: Cities; Counties
TYPE: Original
DATE: March 4, 1996
FISCAL SUMMARY
ESTIMATED NET EFFECT ON STATE FUNDS
FUND AFFECTED FY 1997 FY 1998 FY 1999
None
Total Estimated
Net Effect on All
State Funds $0 $0 $0
ESTIMATED NET EFFECT ON FEDERAL FUNDS
FUND AFFECTED FY 1997 FY 1998 FY 1999
None
Total Estimated
Net Effect on All
Federal Funds $0 $0 $0
ESTIMATED NET EFFECT ON LOCAL FUNDS
FUND AFFECTED FY 1997 FY 1998 FY 1999
Local Government $0 $0 $0
FISCAL ANALYSIS
ASSUMPTION
The City Attorney for the City of Springfield assumes this proposal is
permissive and would have no state, county, or city fiscal impact.
Officials from the Greene County Clerk's Office assume this proposal is
permissive and would have no fiscal impact.
FISCAL IMPACT - State Government FY 1997 FY 1998 FY 1999
$0 $0 $0
FISCAL IMPACT - Local Government FY 1997 FY 1998 FY 1999
$0 $0 $0
DESCRIPTION
This act would allow the city of Springfield to enter into a contract with
Greene County for the distribution of tax revenues before conducting a vote
authorizing the collection of such tax. Such an agreement would control the
distribution of the tax revenues until the tax expires or until the parties
modify the agreement.
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
City of Springfield - City Attorney
Greene County Clerk