NOTE:  As provided in LFC policy, this report is intended only for use by the standing finance committees of the legislature.  The Legislative Finance Committee does not assume responsibility for the accuracy of the information in this report when used for other purposes.

 

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F I S C A L   I M P A C T   R E P O R T

 

 

SPONSOR:

Campos

 

DATE TYPED:

03/03/03

 

HB

 

 

SHORT TITLE:

Clovis Cultural Arts Program

 

SB

877

 

 

ANALYST:

Gonzales

 

APPROPRIATION

 

Appropriation Contained

Estimated Additional Impact

Recurring

or Non-Rec

Fund

Affected

FY03

FY04

FY03

FY04

 

 

 

$50.0

 

 

Recurring

General Fund

(Parenthesis ( ) Indicate Expenditure Decreases)

 

SOURCES OF INFORMATION

 

Responses Received From

Office of Cultural Affairs

Department of Finance and Administration (DFA)

 

SUMMARY

 

     Synopsis of Bill

 

Senate Bill 877 appropriates $50.0 from the general fund to the Local Government Division for the purpose of establishing a cultural arts program in the city of Clovis.

 

FISCAL IMPLICATIONS

 

The appropriation of $50.0 contained in this bill is a recurring expense to the general fund. Any unexpended or unencumbered balance remaining at the end of FY04 shall revert to the general fund.

 

ADMINISTRATIVE IMPLICATIONS

 

DFA states additional responsibilities are being assigned to the Local Government Division without providing commensurate resources to carry out the assigned responsibilities.

 

There would be no impact to other state agencies.

 

JMG/sb