COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. No.: 0408-01
Bill No.: SB 51
Subject: Higher Education
Type: Original
Date: January 3, 2003
FISCAL SUMMARY
| FUND AFFECTED | FY 2004 | FY 2005 | FY 2006 |
| Total Estimated
Net Effect on General Revenue Fund * |
$0 | $0 | $0 |
| FUND AFFECTED | FY 2004 | FY 2005 | FY 2006 |
| Total Estimated
Net Effect on All State Funds |
$0 | $0 | $0 |
Numbers within parentheses: ( ) indicate costs or losses.
This fiscal note contains 3 pages.
| FUND AFFECTED | FY 2004 | FY 2005 | FY 2006 |
| Total Estimated
Net Effect on All Federal Funds |
$0 | $0 | $0 |
| FUND AFFECTED | FY 2004 | FY 2005 | FY 2006 |
| Local Government | $0 | $0 | $0 |
ASSUMPTION
Officials from the Department of Higher Education (DHE) assume this legislation has no direct fiscal impact on the DHE. However, it could have an impact on the higher education institution included due to costs incurred with changes in signage, stationary, and other related changes, including costs associated with prospective changes in institutional mission.
Officials from Missouri Western State College assume this proposal would have no impact on their organization. They stated that with proper planning, the change could be done at minimal cost and would not result in the need for additional state appropriations.
Oversight assumes this proposal would result in minimal one-time costs to Missouri Western State College for signage, stationary, and other related changes. Oversight further assumes there would be no permanent increase in operating costs as a result of this proposal, and that any costs associated with prospective changes in institutional mission would be addressed through the normal state budget process for higher education.
| FISCAL IMPACT - State Government | FY 2004
(10 Mo.) |
FY 2005 | FY 2006 |
| $0 | $0 | $0 |
| FISCAL IMPACT - Local Government | FY 2004
(10 Mo.) |
FY 2005 | FY 2006 |
| $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 proposal would change the name of Missouri Western State College to Missouri Western State University.
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
Missouri Western State College
Department of Higher Education
Mickey Wilson, CPA
Director
January 3, 2003