|
State Impact:
This bill appropriates $129,200 from the Liquor Control Fund to the Department of Alcoholic Beverage Control. The increase will be ongoing. Provisions of this bill
also authorize adjustments to future appropriations to the Department specifically for Type 3 package agencies. Though not mandatory, this amount would be
approximately $33,500 per year, based on a Consumer Price Index of 3 percent.
The $129,200 appropriation is an 11.57 percent increase instead of the 14 percent rate adjustment stated in the text of the bill.
Appropriations from the Liquor Control Fund affect the amount available for transfer to the General Fund.
| Funding Source |
FY 02
Approp. |
FY 03
Approp. |
FY 02
Revenue |
FY 03
Revenue |
|
General Fund
|
$0
|
$0
|
($129,200)
|
($129,200)
|
|
Liquor Control Fund
|
$129,200
|
$129,200
|
$0
|
$0
|
| TOTAL |
$129,200
|
$129,200
|
($129,200)
|
($129,200)
|
Individual and Business Impact:
This will provide a rate increase to individual Type 3 package agencies. The appropriation will give an 11.57 percent increase for each package agency. It also
authorizes an annual adjustment in subsequent years based on the Consumer Price Index. There is no significant fiscal impact to consumers.
Office of the Legislative Fiscal Analyst
1/16/2001 1:23:58 PM
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