LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE
75th Regular Session
April 28, 1997
TO: Honorable Tony J. Goolsby, Chair IN RE: Senate Bill No. 1301,
As Engrossed
Committee on House Administration By: Harris
House
Austin, Texas
FROM: John Keel, Director
In response to your request for a Fiscal Note on SB1301 ( Relating
to parking, vehicle traffic, and security in the Capitol Complex)
this office has detemined the following:
Biennial Net Impact to General Revenue Funds by SB1301-As Engrossed
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 recreate the General Revenue - Dedicated State
Parking Fund No. 125 under the Department of Public Safety (DPS).
The Fund, formerly a General Revenue - Consolidated account,
was abolished by the Seventy-fourth Legislature.
The bill
would allow the State Preservation Board (SPB) to use any available
funds to install parking meters in the Capitol Complex. The
parking meters would be installed in cooperation with DPS in
those areas for which the DPS has jurisdiction over parking
and traffic control.
The DPS would be responsible for the
operation and maintenance of the parking meters and the enforcement
of parking violations related to these metered spaces.
The
bill would require that revenues generated from the meters first
go towards paying for the installation costs. All remaining
revenue would be shared equally between the SPB and the DPS
and deposited in the SPB's Capitol Fund, a fund held outside
the treasury, and the DPS' State Parking Fund No. 125.
The
bill would clarify the definition of properties included in
the Capitol Complex.
Methodolgy
The parking meter installation costs of approximately $329,000
are based on DPS' estimate of 814 parking meters being installed
in the Capitol complex area. The SPB expects to initially pay
for this cost from its Capitol Fund.
Annual revenues collected
from the use of the 814 parking meters, estimated by DPS to
approximate $1.6 million, would be deposited in equal amounts
(50 percent each) in the SPB's Capitol Fund and the DPS' State
Parking Fund No. 125, once the Capitol Fund is reimbursed for
costs of installation.
The above costs and revenues are estimated
on the assumption that the bill would become effective immediately
upon passage.
The probable fiscal implications of implementing the provisions
of the bill during each of the first five years following passage
is estimated as follows:
Six Year Impact:
Fiscal Year Probable Probable Revenue Probable Revenue
Savings/(Cost) Gain/(Loss) from Gain/(Loss) from
from Capitol New - GR Capitol Fund -
Fund - Outside Dedicated - Outside Treasury
Treasury State Parking
Fund 125
OTHER-OTH NEW-DED OTHER-OTH
1997 ($329,078) $0 $0
1997 0 616,901 945,979
1999 0 781,440 781,440
2000 0 781,440 781,440
2001 0 781,440 781,440
2002 0 781,440 781,440
Net Impact on General Revenue Related Funds:
Fiscal Year Probable Net Postive/(Negative)
General Revenue Related Funds
Funds
1997 $0
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.
No significant fiscal implication to units of local government
is anticipated. This bill would require DPS and the City of
Austin to have an interlocal cooperation agreement defining
responsibilities of each for parking and traffic in the Capitol
complex.
Source: Agencies:
LBB Staff: JK ,RR ,NT