LEGISLATIVE BUDGET BOARD
                                   Austin, Texas
         
                                   FISCAL NOTE
                               75th Regular Session
         
                                  March 26, 1997
         
         
      TO: Honorable David Counts, Chair            IN RE:  House Bill No. 2300
          Committee on Natural Resources                              By: Serna
          House
          Austin, Texas
         
         
         
         
         FROM:  John Keel, Director    
         
In response to your request for a Fiscal Note on HB2300 ( Relating 
to the creation, administration, powers, duties, functions, 
operation, and financing of the Paseo del Este Municipal Utility 
District; providing for the authorization of bonds and the levy 
of taxes; providing civil penalties.) this office has detemined 
the following:
         
         Biennial Net Impact to General Revenue Funds by HB2300-As Introduced
         
No fiscal implication to the State is anticipated.
         

         
 
          
The creation of a new municipal utility district would have 
no significant fiscal implications on any existing local governments. 
 The creation of the district would require the issuance of 
debt, expenditure of funds for construction and administration, 
and the establishment of a revenue stream. 
          
   Source:            Agencies:   304   Comptroller of Public Accounts
                                         
                      LBB Staff:   JK ,TL