LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE 75th Regular Session April 28, 1997 TO: Honorable Clyde Alexander, Chair IN RE: Senate Bill No. 1704, As Engrossed Committee on Transportation By: Ogden House Austin, Texas FROM: John Keel, Director In response to your request for a Fiscal Note on SB1704 ( Relating to prima facie speed limits for farm-to-market and ranch-to-market roads.) this office has detemined the following: Biennial Net Impact to General Revenue Funds by SB1704-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. Fiscal Analysis The bill would change the prima facie speed limits on farm-to-market and ranch-to-market roads. Methodolgy The Department of Transportation (TxDot) estimates that approximately 17,400 miles or 58 percent of Farm-to-Market and Ranch-to-Market roads are currently zoned at 70 or 65 mph and would need new signing. The TxDot estimated that 3,480 new signs would be needed, one sign for each direction, and that 33 percent of the 3,480 would need a new support. Costs for those locations totaled $287,000. TxDot estimated the cost for the remaining 2,332 locations to be $291,500. 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 Savings/(Cost) from State Highway Fund 0006 1998 ($578,500) 1998 0 2000 0 2001 0 2002 0 Net Impact on General Revenue Related Funds: Fiscal Year Probable Net Postive/(Negative) General Revenue Related Funds Funds 1998 $0 1999 0 2000 0 2001 0 2002 0 No fiscal implication to units of local government is anticipated. Source: Agencies: 601 Department of Transportation LBB Staff: JK ,PE ,JD ,ML