Fiscal Note
SB0038S02 - Transparency in Government Finance
State Impact:
Implementation of this bill will require $250,800 ongoing and $480,400 one-time for the Division of Finance for additional hardware, software, and personnel hours to develop and maintain a public facing financial data warehouse for state agencies.
Funding Source | FY 2008 Approp. | FY 2009 Approp. | FY 2010 Approp. | FY 2008 Revenue | FY 2009 Revenue | FY 2010 Revenue |
General Fund | $0 | $0 | $250,800 | $0 | $0 | $0 |
General Fund, One-Time | $0 | $480,400 | $0 | $0 | $0 | $0 |
Total | $0 | $480,400 | $250,800 | $0 | $0 | $0 |
Individual, Business and/or Local Impact:
Specific costs will depend on what information cities, towns, counties, school districts, and special service districts currently keep and whether that information is currently available to the public. Businesses and individuals may receive certain benefits from the ability to view state and local government financial and contractual data online.
2/18/2008, 12:35:28 PM, Lead Analyst: Amon, R. | Office of the Legislative Fiscal Analyst |