Fiscal Note - SB 0371 - Road Benefit Districts
L.R. NO. 1494-01
BILL NO. Truly Agreed And Finally Passed SB 371
SUBJECT: Counties: Roads & Highways
TYPE: Original
DATE: April 25, 1997
FISCAL SUMMARY
ESTIMATED NET EFFECT ON STATE FUNDS
FUND AFFECTED FY 1998 FY 1999 FY 2000
Total Estimated
Net Effect on All
State Funds $0 $0 $0
ESTIMATED NET EFFECT ON FEDERAL FUNDS
FUND AFFECTED FY 1998 FY 1999 FY 2000
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
Oversight assumes this proposal empowers the Clay County Commission to create
a Road Benefit District by submitting the question by resolution to qualified
voters. Oversight assumes that this proposal is permissive and would have no
fiscal impact to state funds. Clay County would have no fiscal impact
without action by their governing body with voter approval.
FISCAL IMPACT - State Government FY 1998 FY 1999 FY 2000
(10 Mo.)
0 0 0
FISCAL IMPACT - Local Government FY 1998 FY 1999 FY 2000
(10 Mo.)
0 0 0
FISCAL IMPACT - Small Business
Small businesses located within a Road Benefit District would be fiscally
impacted to the extent of taxes levied.
DESCRIPTION
This act allows Clay County to create a road benefit district by submitting
the question by resolution to qualified voters. Subject to voter approval,
the county governing body shall be authorized to collect a levy in an amount
not to exceed twenty cents per one hundred dollars assessed valuation for a
"road district benefit fund" to be used within that district.
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
None
NOT RESPONDING: Clay County Commission
This Fiscal Note is not an official copy and should not be quoted or cited.