LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 76th Regular Session March 19, 1999 TO: Honorable Bill Carter, Chair, House Committee on Urban Affairs FROM: John Keel, Director, Legislative Budget Board IN RE: HB 508 by Wohlgemuth (Relating to interlocal contracts for the construction, improvement, or repair of streets and alleys in municipalities.), Committee Report 1st House, Substituted ************************************************************************** * No fiscal implication to the State is anticipated. * ************************************************************************** Local Government Impact Any fiscal implications to local governments resulting from the bill's passage should be positive, since a local governments could realize savings by entering into interlocal contracts for infrastructure projects as authorized by the bill. The amount of savings would depend on the conditions of a particular contract. Source Agencies: LBB Staff: JK, TL