LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE
75th Regular Session
April 21, 1997
TO: Honorable Fred M. Bosse, Chair IN RE: House Bill No. 3585
Committee on Land and Resource Management By: Greenberg
House
Austin, Texas
FROM: John Keel, Director
In response to your request for a Fiscal Note on HB3585 ( Relating
to authorizing the General Services Commission to convey certain
state-owned property to the City of Austin.) this office has
detemined the following:
Biennial Net Impact to General Revenue Funds by HB3585-As Introduced
Implementing the provisions of the bill would result in a
net impact of $0 to General Revenue Related Funds through the
biennium ending August 31, 1999.
The bill would make no appropriation but could provide the legal
basis for an appropriation of funds to implement the provisions
of the bill.
Fiscal Analysis
The bill would allow the General Services Commission to sell
state property, located at Robert Mueller Municipal Airport,
to the City of Austin. Proceeds of the sale would be deposited
into the state treasury and could only be used by the General
Services Commission to relocate operations of the State Aircraft
Pooling Board from Robert Mueller Municipal Airport to the Austin
Bergstrom International Airport.
Methodolgy
It is estimated that the gain to general revenue from selling
state property at Robert Mueller Municipal Airport would be
$5 million. It is assumed that the $5 million gain would be
used to relocate the State Aircraft Pooling Board, resulting
in no net impact to the General Revenue Fund.
The probable fiscal implications of implementing the provisions
of the bill during each of the first five years following passage
is estimated as follows:
Five Year Impact:
Fiscal Year Probable Revenue Probable
Gain/(Loss) from Savings/(Cost)
General Revenue from General
Fund Revenue Fund
0001 0001
1998 $5,000,000 ($5,000,000)
1998 0 0
2000 0 0
2001 0 0
2002 0 0
Net Impact on General Revenue Related Funds:
The probable fiscal implication to General Revenue related funds
during each of the first five years is estimated as follows:
Fiscal Year Probable Net Postive/(Negative)
General Revenue Related Funds
Funds
1998 $0
1999 0
2000 0
2001 0
2002 0
Similar annual fiscal implications would continue as long as
the provisions of the bill are in effect.
The City of Austin anticipates that the estimated purchase price
of $5 million will be adequately funded by the City of Austin
Aviation Department capital fund.
Source: Agencies:
303 General Services Commission
City of Austin
LBB Staff: BB ,RN