SJR 018 - Fiscal Note

Fiscal Note - SJR 018 - Revises budget requests and budget reports of University of Missouri

COMMITTEE ON LEGISLATIVE RESEARCH

OVERSIGHT DIVISION

FISCAL NOTE

L.R. NO.: 1015-01

BILL NO.: SJR 18

SUBJECT: Education, Higher: MU Budget

TYPE: Original

DATE: January 22, 1999

---

FISCAL SUMMARY

ESTIMATED NET EFFECT ON STATE FUNDS
FUND AFFECTED	FY 2000	FY 2001	FY 2002
General Revenue	$0	($39,900)	($182,286)
Total Estimated Net Effect on All State Funds	$0	($39,900)	($182,286)

ESTIMATED NET EFFECT ON FEDERAL FUNDS
FUND AFFECTED	FY 2000	FY 2001	FY 2002
None	$0	$0	$0
Total Estimated Net Effect on All Federal Funds	$0	$0	$0

ESTIMATED NET EFFECT ON LOCAL FUNDS
FUND AFFECTED	FY 2000	FY 2001	FY 2002
Local Government	$0	$0	$0

Numbers within parentheses: ( ) indicate costs or losses

This fiscal note contains 4 pages.

FISCAL ANALYSIS

ASSUMPTION

Officials from the Coordinating Board For Higher Education (CBHE) assume the proposal would result in no fiscal impact to the agency because they are not involved in the new reporting requirements.

Officials from the Office of Administration assume the proposal would result in no fiscal impact to the agency.

Officials from the University of Missouri (MU) assume the fiscal impact would require seven new FTE staff to prepare, monitor and report the additional information required by the proposal:

Salaries $245,000

Benefits @ 20% 49,000

Supplies 25,000

Total annual recurring costs $319,000

The Oversight Division assumes that information needed to comply with the provisions of the proposal is already available, and one additional person per campus could compile the budget information for the General Assembly. Oversight assumes the first fiscal year the budget would be required to be submitted to the General Assembly would be for fiscal year 2002, assuming the proposal would be on the ballot in November, 2000. Oversight also assumes the FTE would not be hired until FY 2002.

Officials from the Secretary of State's Office (SOS) assume the proposal would result in statewide newspaper publication of constitutional amendments costing approximately $1,330 per inch x 3 printings = $3,990 per inch. Their estimate of the total number of inches for this amendment would be 10 inches, which includes a title header and certification paragraph ($3,990 x 10 inches = $39,900).

SOS officials assume the question would be put to the voters at the next general election in the year 2000. If the Governor would call a special election, the fiscal impact could exceed $1,000,000, depending on the date of the special election.

FISCAL IMPACT - State Government	FY 2000	FY 2001	FY 2002
	(10 Mo.)
GENERAL REVENUE FUND
Cost-Secretary of State
Newspaper Advertisements	$0	($39,900)	$0
Cost-University of Missouri
Personal Service (4 FTE)	$0	$0	($140,000)
Fringe Benefits	0	0	(28,000)
Expense and Equipment	0	0	(14,286)
Total Cost-MU	$0	$0	($182,286)
ESTIMATED NET EFFECT ON
GENERAL REVENUE FUND	$0	($39,900)	($182,286)
FISCAL IMPACT - Local Government	FY 2000	FY 2001	FY 2002
	(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

The Board of Curators of the University of Missouri would be required to provide a budget by campus with specified information. The budget would be provided to the General Assembly by October first of each year.

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

University of Missouri

Coordinating Board For Higher Education

Secretary of State's Office

Office of Administration

Jeanne Jarrett, CPA

Director

January 22, 1999