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 0454 - Exempts constitutional charter cities from statutory procedures regarding special tax assessments
COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. NO.: 2032-01
BILL NO.: SB 454
SUBJECT: Cities: Special Assessments
TYPE: Original
DATE: February 26, 1999
FISCAL SUMMARY
|
ESTIMATED NET EFFECT ON STATE FUNDS | |||
| FUND AFFECTED | FY 2000 | FY 2001 | FY 2002 |
| Total Estimated
Net Effect on All State Funds |
$0 | $0 | $0 |
|
ESTIMATED NET EFFECT ON FEDERAL FUNDS | |||
| FUND AFFECTED | FY 2000 | FY 2001 | FY 2002 |
| 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 3 pages.
FISCAL ANALYSIS
ASSUMPTION
City of St. Louis officials assumes no fiscal impact.
University City officials assume no fiscal impact.
City of Bridgeton officials assume no fiscal impact.
City of Nevada officials assume no fiscal impact.
Oversight assumes no state fiscal impact.
| FISCAL IMPACT - State Government | FY 2000 | FY 2001 | FY 2002 |
| (10 Mo.) | |||
| 0 | 0 | 0 | |
| 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
This act exempts constitutional charter cities from statutory procedures regarding special tax assessments. Currently, constitutional charter cities must follow the same guidelines as third and fourth class cities in issuing special assessments for improvements. This act exempts constitutional charter cities, and allows them to issue such assessments as set forth in their own charter or ordinances.
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
City of St. Louis
University City
City of Bridgeton
City of Nevada
NOT RESPONDING: The Cities of: Columbia, St. John, Webster Groves, Berkeley, and Kansas City.
Jeanne Jarrett, CPA
Director
February 26, 1999