Fiscal Note
SB0094 - Supplemental Benefit Amendments for Noncontributory Public Employees
State Impact:
Enactment of this bill would yield on-going savings of approximately $23,881,800 from various funds as shown in the table below. Of that savings, $19,182,800 is in the General and Education Funds.
| Funding Source | FY 2010 Approp. | FY 2011 Approp. | FY 2012 Approp. | FY 2010 Revenue | FY 2011 Revenue | FY 2012 Revenue |
| General Fund | $0 | ($3,545,400) | ($3,545,400) | $0 | $0 | $0 |
| General Fund Restricted | $0 | ($649,200) | ($649,200) | $0 | $0 | $0 |
| Education Fund | $0 | ($15,637,200) | ($15,637,200) | $0 | $0 | $0 |
| Transportation Fund | $0 | ($859,100) | ($859,100) | $0 | $0 | $0 |
| Transportation Fund Restricted | $0 | ($157,800) | ($157,800) | $0 | $0 | $0 |
| Federal Funds | $0 | ($2,084,000) | ($2,084,000) | $0 | $0 | $0 |
| Federal Mineral Lease | $0 | ($26,000) | ($26,000) | $0 | $0 | $0 |
| Dedicated Credits | $0 | ($554,800) | ($554,800) | $0 | $0 | $0 |
| Trust Funds | $0 | ($253,900) | ($253,900) | $0 | $0 | $0 |
| Transfers | $0 | ($114,400) | ($114,400) | $0 | $0 | $0 |
| Total | $0 | ($23,881,800) | ($23,881,800) | $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 businesses or local governments. Some individuals may be impacted due to this change the proposed statute.
| 1/27/2010, 10:20:03 AM, Lead Analyst: Schoenfeld, J.D./Attny: CJD | Office of the Legislative Fiscal Analyst |