LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 74th Regular Session April 18, 1995 TO: Honorable Irma Rangel, Chair IN RE: House Bill No. 2507 Committee on Higher Education By: Swinford House of Representatives Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on House Bill No. 2507 (Relating to the transfer of the Amarillo campus of the Texas State Technical College System to Amarillo College) 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 authorize the board of regents of the Texas State Technical College System (TSTC) to enter into an agreement with the board of trustees of Amarillo College by September 1, 1997 to transfer the governance, operation, management, and control of Texas State Technical College - Amarillo to Amarillo College. The bill would require TSTC to contract for the removal, disposal, and abatement of hazardous wastes at the Amarillo campus and would authorize the transfer of real property to Amarillo College upon the completion of the removal of the hazardous wastes. The bill would require that bonds issued by TSTC for constructing, improving, renovating, enlarging, or equipping infrastructure at TSTC - Amarillo would remain the obligation of TSTC. Because physical plant funding is generally not appropriated to community colleges, there is a potential savings to the State from the physical plant funding for the TSTC-Amarillo facility that would be transferred to the Amarillo Community College District. Assuming continuation of the policy of the State not providing funding for community/junior college physical plant, the savings to the State and resulting costs to the community college district are shown below. 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 Savings Probable Cost Out Year to General of Amarillo Revenue Fund 001 Community College District Local Funds 1996 $0 $0 1997 0 0 1998 960,000 960,000 1999 960,000 960,000 2000 960,000 960,000 Similar annual fiscal implications would continue as long as the provisions of the bill are in effect. Source: Higher Education Coordinating Board LBB Staff: JK, LS, WRR