Fiscal Note
HB0361 - State Purchase of Real Property
State Impact:
Enactment of this bill will appropriate $7.8 million from the General Fund to the Division of Facilities and Construction Management in FY 2008 for property acquisitions related to Southwest and Dixie Applied Technology Centers.
| Funding Source | FY 2007 Approp. | FY 2008 Approp. | FY 2009 Approp. | FY 2007 Revenue | FY 2008 Revenue | FY 2009 Revenue |
| General Fund | $0 | $7,800,000 | $0 | $0 | $0 | $0 |
| Total | $0 | $7,800,000 | $0 | $0 | $0 | $0 |
Individual, Business and/or Local Impact:
Enactment of this bill likely will not result in direct, measurable costs and/or benefits for local governments. The current owners of the property to be purchased will benefit from its sale.
| 1/26/2007, 3:39:45 PM, Lead Analyst: Allred, S. | Office of the Legislative Fiscal Analyst |