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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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