Fiscal Note

SB0268 - Rural Broadband Service Fund

State Impact:
Enactment of this bill will appropriate $1,000,000 in one-time General Fund revenues to the Rural Broadband Service Fund Restricted Account created in the bill. The transfer of General Fund resources into the restricted account will reduce the spending cap by the amount of transfer.

Funding SourceFY 2007
Approp.
FY 2008
Approp.
FY 2009
Approp.
FY 2007
Revenue
FY 2008
Revenue
FY 2009
Revenue
General Fund$0$1,000,000$0$0$0$0
Restricted Funds$0$1,000,000$0$0$1,000,000$0
   Total
$0

$2,000,000

$0

$0

$1,000,000

$0

Individual, Business and/or Local Impact:
Enactment of this bill likely will not result in direct, measurable costs and/or benefits for individuals or local governments. Businesses wishing to develop boadband services in rural areas may benefit from grants provided in through this bill.

2/28/2007, 1:43:41 PM, Lead Analyst: Wilko, A.Office of the Legislative Fiscal Analyst