Fiscal Note - SB 0034 - Transfer of Property From DNR
L.R. NO. 0010-02
BILL NO. Truly Agreed To and Finally Passed HCS for SB 34
SUBJECT: Transfer of DNR Real Property
TYPE: Original
DATE: April 29, 1997
FISCAL SUMMARY
ESTIMATED NET EFFECT ON STATE FUNDS
FUND AFFECTED FY 1998 FY 1999 FY 2000
None $0 $0 $0
Total Estimated
Net Effect on All
State Funds $0* $0 $0
* Does not include loss of land to be conveyed with an approximate market
value of $1,000.
ESTIMATED NET EFFECT ON FEDERAL FUNDS
FUND AFFECTED FY 1998 FY 1999 FY 2000
None $0 $0 $0
Total Estimated
Net Effect on All
Federal Funds $0 $0 $0
ESTIMATED NET EFFECT ON LOCAL FUNDS
FUND AFFECTED FY 1998 FY 1999 FY 2000
Local Government $0 $0 $0
FISCAL ANALYSIS
ASSUMPTION
Officials of the Department of Transportation and the Office of the Attorney
General assume the proposal would have no fiscal impact on their agencies.
The Department of Natural Resources (DNR) assumes the value of the property
in McDonald County is negligible. DNR also assumes no revenues will be
earned, or expenses incurred, as a result of this proposal to transfer
approximately one-quarter of an acre in McDonald County to adjacent
landowners.
A real estate appraisal of the property located in Jefferson City, completed
March 11, 1997 by Property Research Company, a real estate appraisal firm in
Jefferson City, Missouri, indicated the approximate market value of the
parcel to be conveyed is $1,000.
Oversight assumes the value of the parcel in McDonald County is immaterial in
amount. Therefore, no fiscal impact to state funds is expected.
FISCAL IMPACT - State Government FY 1998 FY 1999 FY 2000
(10 Mo.)
0* 0 0
* Does not include the loss of land to be conveyed with an approximate
market value of $1,000.
FISCAL IMPACT - Local Government FY 1998 FY 1999 FY 2000
(10 Mo.)
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 act authorizes the Department of Natural Resources to transfer
one-quarter acre of land in Big Sugar Creek State Park to three private
parties. The Attorney General shall approve the instrument of conveyance.
The proposal would also authorize the governor to convey a specific tract of
land in Jefferson City, Missouri to the St. Louis Health Care Network.
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
Department of Natural Resources
Department of Transportation
Office of the Attorney General
Property Research Company
This Fiscal Note is not an official copy and should not be quoted or cited.