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 SourceFY 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