Fiscal Note
SB0057 - Local Option Transportation Corridor Preservation Fund Amendments
State Impact:
The bill as amended requires that interest be paid on fund balances since creation of the fund. It is estimated that $251,200 from the General Fund, one-time in FY 2009 is required.
| Funding Source | FY 2009 Approp. | FY 2010 Approp. | FY 2011 Approp. | FY 2009 Revenue | FY 2010 Revenue | FY 2011 Revenue |
| General Fund, One-Time | $251,200 | $0 | $0 | $0 | $0 | $0 |
| Total | $251,200 | $0 | $0 | $0 | $0 | $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 businesses. Local governments could receive benefit from their proportionate deposits in the fund on which interest has not been paid.
| 2/24/2009, 11:58:49 AM, Lead Analyst: Bleazard, M. | Office of the Legislative Fiscal Analyst |