This Fiscal Note is not an official copy and should not be quoted or cited.
This Fiscal Note is not an official copy and should not be quoted or cited.
Fiscal Note - SB 0550 - County treasurer is default road district treasurer
COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. NO. 2265-03
BILL NO. Truly Agreed To And Finally Passed HCS for SB 550
SUBJECT: County Treasurer: Road Districts
TYPE: Original
DATE: May 15, 1998
FISCAL SUMMARY
ESTIMATED NET EFFECT ON STATE FUNDS Net Effect on All State Funds
FUND AFFECTED
FY 1999
FY 2000
FY 2001
Total Estimated
$0
$0
$0
|
ESTIMATED NET EFFECT ON FEDERAL FUNDS | |||
| FUND AFFECTED | FY 1999 | FY 2000 | FY 2001 |
| Total Estimated
Net Effect on All Federal Funds |
$0 | $0 | $0 |
|
ESTIMATED NET EFFECT ON LOCAL FUNDS | |||
| FUND AFFECTED | FY 1999 | FY 2000 | FY 2001 |
| Certain Special Road Districts | Unknown | Unknown | Unknown |
Numbers within parentheses: ( ) indicate costs or losses
This fiscal note contains 3 pages.
FISCAL ANALYSIS
ASSUMPTION
The Platte County Treasurer stated that the provisions of this proposal would eliminate the costs of bonding and expenses for the road districts, and would not add any expenses to the county.
The Boone County Treasurer assumes no fiscal impact to their county.
Oversight assumes that County Treasurers who would serve as Special Road District Treasurers would realize some administrative impact from increased duties, however, of those Treasurers responding each has assumed impact to be minimal. For the purposes of this fiscal note, Oversight assumes no fiscal impact to County Treasurers.
| FISCAL IMPACT - State Government | FY 1999 | FY 2000 | FY 2001 |
| (10 Mo.) | |||
| $0 | $0 | $0 | |
| FISCAL IMPACT - Local Government | FY 1999 | FY 2000 | FY 2001 |
| (10 Mo.) | |||
| Savings to Certain Special Road Districts | |||
| From costs of treasurer's bond | Unknown* | Unknown* | Unknown* |
| Savings would be minimal | |||
FISCAL IMPACT - Small Business
No direct fiscal impact to small business would be expected as a result of this proposal.
DESCRIPTION
This act would allow the county treasurer to be the "default" treasurer of the special road district and clarifies the road district board of commissioners' ability to choose treasurers. The act also waives payment of a surety bond if the road district treasurer is the county treasurer.
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
Platte County Treasurer
Boone County Treasurer
Jeanne Jarrett, CPA
Director
May 15, 1998