LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 74th Regular Session May 18, 1995 TO: Honorable Rodney Ellis, Chair IN RE: House Bill No. 943, Committee on Intergovernmental as engrossed Relations By: Turner, Senate Sylvester Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on House Bill No. 943 (Relating to performance audits of certain metropolitan transit authorities.) this office has determined the following: The bill would make no appropriation but could provide the legal basis for an appropriation of funds to implement the provisions of the bill. The bill would allow the Comptroller of Public Accounts to audit certain metropolitan transit authorities in cities with populations of more than $1.2 million. The audits could be performed once every two years. The probable fiscal implication of implementing the provisions of the bill during each of the first five years following passage is estimated as follows: Fiscal Probable Cost Out Year of General Revenue Fund 001 1996 $250,000 1997 0 1998 250,000 1999 0 2000 250,000 Similar annual fiscal implications would continue as long as the provisions of the bill are in effect. The fiscal implication to units of local government cannot be determined. Source: Comptroller of Public Accounts LBB Staff: JK, MS, RR