Fiscal Note
SB0104 - State Capital Facility Board - Creation and Oversight
State Impact:
Enactment of this bill requires an estimated $273,600 ongoing from the Uniform School Fund appropriated to the State Board of Education in support of the State Capital Facility Board created in this bill. Estimates include an additional 3 full-time equivalent employees, per diem for board members, and expenses incurred in the performance of the Board's official duties.
| Funding Source | FY 2008 Approp. | FY 2009 Approp. | FY 2010 Approp. | FY 2008 Revenue | FY 2009 Revenue | FY 2010 Revenue |
| Uniform School Fund | $0 | $273,600 | $273,600 | $0 | $0 | $0 |
| Total | $0 | $273,600 | $273,600 | $0 | $0 | $0 |
Individual, Business and/or Local Impact:
Enactment of this bill may alter the capital facility construction and renovation procedures used by school districts and charter schools. Bill provisions require that the local education entity provide one dollar in matching funds for every four dollars received in state funding.
| 1/23/2008, 3:42:50 PM, Lead Analyst: Leishman, B. | Office of the Legislative Fiscal Analyst |