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