Fiscal Note

SB0001 - State Agency and Higher Education Base Budget Appropriations

State Impact:
This bill appropriates $3,320,200 in FY 2008 and $7,771,635,450 in FY 2009 for the support and operation of state government. New FY 2008 spending includes $2,500,000 from the General Fund. FY 2009 spending includes $2,106,343,950 from the General Fund; $174,500 from the General Fund, one-time; $133,460,700 from the Uniform School Fund; and $468,025,100 from the Education Fund. In addition, the bill transfers $60,468,100 into the state's two Rainy Day funds in FY 2008. It also moves $2,439,985,500 from the Education Fund to the Uniform School Fund to support appropriations made from the Uniform School Fund in this bill and in the Minimum School Program Base Budget Amendments (H.B. 1, 2008 General Session). Finally, it authorizes $282,118,128 in dedicated credits and restricted funds to be collected internally among state agencies.

Funding SourceFY 2008
Approp.		FY 2009
Approp.		FY 2010
Approp.		FY 2008
Revenue		FY 2009
Revenue		FY 2010
Revenue
General Fund$0$2,106,343,950$2,106,343,950$0$0$0
General Fund, One-Time$18,731,300$174,500$0$0$0$0
Uniform School Fund$0$133,460,700$133,460,700$0$2,439,985,500$2,439,985,500
Uniform School Fund, One-time$44,236,800$0$0$0$0$0
Education Fund$0$2,908,010,600$2,908,010,600$0$0$0
Transportation Fund$0$431,650,000$431,650,000$0$0$0
Federal Funds$0$2,484,471,900$2,484,471,900$0$0$0
Dedicated Credits$0$1,005,421,028$1,005,421,028$0$274,386,128$274,386,128
Restricted Funds$820,200$965,965,000$965,965,000$60,468,100$7,732,000$7,732,000
Transfers$0$350,325,400$350,325,400$0$0$0
Nonlapsing Funds$0$65,335,800$0$0$0$0
Other$0$42,580,200$42,580,200$0$0$0
   Total
$63,788,300
$10,493,739,078
$10,428,228,778
$60,468,100
$2,722,103,628
$2,722,103,628

Individual, Business and/or Local Impact:
Enactment of this bill may impact individuals, businesses, and local governments who pay for, and may benefit from, the programs supported by the appropriations made in this bill.

1/21/2008, 9:22:14 AM, Lead Analyst: Ball, J.Office of the Legislative Fiscal Analyst