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 0848 - Allows use of local park tax outside of municipality or county if a cooperative agreement exists
COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. NO. 3606-01
BILL NO. Perfected SB 848
SUBJECT: Local Governments: Sales Tax, Parks
TYPE: Original
DATE: March 12, 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 |
| Local Government | $0 | $0 | $0 |
Numbers within parentheses: ( ) indicate costs or losses
This fiscal note contains 3 pages.
FISCAL ANALYSIS
ASSUMPTION
Department of Revenue (DOR) officials assume no fiscal impact to the DOR.
Department of Natural Resources (DNR) officials assume no state fiscal impact.
Officials of the Counties of Boone, Greene, Cole and Cass assume this proposal to be permissive and would have no local fiscal impact.
Officials of the Cities of Hannibal, Kansas City, Springfield, Poplar Bluff, Mexico, Kirkwood, Manchester and West Plains assume this proposal to be permissive and would have no local fiscal impact.
| 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.) | |||
| 0 | 0 | 0 | |
| FISCAL IMPACT - Small Business | |||
No direct fiscal impact to small business would be expected as a result of this proposal.
DESCRIPTION
Under current law, any municipality or county, upon voter approval, may impose a sales tax of up to 1/2 cent to fund local parks or storm water control projects. The revenue may be used for any local park or storm water control activity authorized by the governing body of the municipality or county. This bill allows the municipality or county to use such revenues for local parks outside the municipality or county if engaged in a cooperative agreement with another political subdivision pursuant to section 70.220 RSMo.
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 Revenue
Department of Natural Resources
Boone County Clerk
Greene County Commission
Cass County Commission
Cole County Commission
City of Hannibal
City of Poplar Bluff
City of Springfield
City of West Plains
City of Mexico
City of Kirkwood
City of Manchester
Kansas City Manager's Office
Jeanne Jarrett, CPA
Director
March 12, 1998