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Passage of this bill could increase Transportation Fund Restricted revenues by $786,000 in FY 2000 and by $1,599,000 in FY 2001. These funds are dedicated to aviation purposes. Local airport revenues could decrease by $280,000 in FY 2000 and by $560,000 in FY 2001 as a result of the change in distribution. The Tax Commission would require an appropriation of $17,500 to implement the provisions of the bill in FY 1999.
FY 99 Approp. | FY 00 Approp. | FY 99 Revenue | FY 00 Revenue | |
General Fund | $17,500 | $0 | $0 | $0 |
Local Revenue | $0 | $0 | $0 | ($280,000) |
Transportation Restricted | $0 | $0 | $0 | $786,000 |
TOTAL | $17,500 | 0 | $0 | $506,000 |
Office of the Legislative Fiscal Analyst
2/23/99 10:29:46 AM
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