COMMITTEE ON LEGISLATIVE RESEARCH

OVERSIGHT DIVISION



FISCAL NOTE



L.R. No.: 1856-09

Bill No.: Truly Agreed to and Finally Passed HCS for SCS for SB 547

Subject: County Treasurers and County Clerks: Salary Schedule

Type: Original

Date: May 29, 2003




FISCAL SUMMARY



ESTIMATED NET EFFECT ON GENERAL REVENUE FUND
FUND AFFECTED FY 2004 FY 2005 FY 2006
Total Estimated

Net Effect on

General Revenue

Fund

$0 $0 $0



ESTIMATED NET EFFECT ON OTHER STATE FUNDS
FUND AFFECTED FY 2004 FY 2005 FY 2006
Total Estimated

Net Effect on Other

State Funds

$0 $0 $0



Numbers within parentheses: ( ) indicate costs or losses.

This fiscal note contains 3 pages.











ESTIMATED NET EFFECT ON FEDERAL FUNDS
FUND AFFECTED FY 2004 FY 2005 FY 2006
Total Estimated

Net Effect on All

Federal Funds

$0 $0 $0



ESTIMATED NET EFFECT ON LOCAL FUNDS
FUND AFFECTED FY 2004 FY 2005 FY 2006
Local Government $0 $0 $0




FISCAL ANALYSIS



ASSUMPTION



Oversight assumes this proposal corrects current law that regulates the salaries of certain County Treasurers. Oversight assumes any increase in salary for those County Treasurers would continue to depend upon decisions made by the County's Salary Commission. Oversight also assumes this proposal allows Cole County to equalize county officials base salaries. Oversight assumes the proposal would have no fiscal impact on the state, and no direct fiscal impact to the affected counties.



Clay and Cole Counties did not respond.



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



The proposal would remove one of two salary schedules from the law setting salaries of county treasurers in Clay County, and in second, third and fourth class counties. The schedule being removed had a lower minimum and maximum salary range than the one left in statute.

The substitute in Section 1 allows the Cole County Commission the one-time opportunity to equalize the salaries of all office holders and remain equal from that point on. The substitute allows for additional compensation as law requires.

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



None











Mickey Wilson, CPA

Director

May 29, 2003